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FCA notes ‘significant challenges’ to selling Russian assets as Sunak calls on UK investors to pull funds
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The Financial Conduct Authority noted "significant practical challenges" to selling down Russia assets, as Chancellor Rishi Sunak urged UK firms to stop investing in Russia.
The regulator reminded City firms that, where they can dispose of investments, they need to remember its rules on sanctions, as Sunak urged investors on 13 March to "think very carefully" about funds backing Russia.
The...
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