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Russia: UNIQA and Raiffeisen Bank International sell their shares in the Russian insurance company with government authorisation

Description

On 3 October 2024, UNIQA reportedly sold its 75% share in the Russian life insurance company Raiffeisen Life to the Russian insurer Renaissance Life. The remaining 25% belonged to Raiffeisen Bank Inte...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

03 Oct 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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