Non-residents open several 'In' type accounts - Russian Finance Ministry

MOSCOW. May 19 (Interfax) - Foreign investors have opened several "In" accounts to invest in the Russian financial market under the new mechanism, Deputy Finance Minister Alexei Moiseyev said.

"I know for sure that several accounts have been opened, which is a very good sign," Moiseyev told reporters.

"I simply do not see what kind of money is in there, as it is a depository secret. I think that the Central Bank of Russia will summarize the results of the reporting period and report back," Moiseyev added.

President Vladimir Putin in July 2025 signed Decree No. 436 on additional guarantees for foreign investors' rights, whose provisions apply to non-residents from both friendly and unfriendly countries. Investors must open a new type of account, an "In" account, for new investments, and they may move funds from these accounts abroad.

The Moscow Exchange enabled "In" accounts to be opened in December. Non-residents may now anonymously trade all Russian stocks, bonds and mutual fund units in standard mode (with T+1 settlements), as well as financial derivatives on the currency and precious metals markets. They may also enter into repo transactions and participate in the initial public offering of securities.