Global Trade Alert
Global Trade Alert

Russia: President authorises the sale of Goldman Sachs Group Inc's share in its Russian subsidiary Goldman Sachs Bank LLC

Announcement

31 Jan 2025

In January 2025, the president of the Russian Federation authorised the sale of Goldman Sachs Group Inc's share in its Russian subsidiary Goldman Sachs Bank LLC to a Russian buyer.

Source

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

2 in force

Implementation date

31 Jan 2025

Revocation date:

No revocation date

FDI: Treatment and operations, nes In force

On 31 January 2025, the president of the Russian Federation issued Decree No. 22-rp, authorising the divestment of Goldman Sachs Group Inc from its Russian subsidiary Goldman Sachs Bank LLC. Goldman S...

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Controls on commercial transactions and investment instruments In force

On 31 January 2025, the president of the Russian Federation issued Decree No. 22-rp, authorising the sale by Goldman Sachs Group Inc of its 100% share in a Russian company Goldman Sachs Bank LLC to Ba...

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