The United Kingdom’s HM Revenue & Customs (HMRC) removed the Moscow Exchange from the list of recognized exchanges, the authority said in its statement on Thursday, Trend reports with reference to TASS.
Investments made on the Moscow Exchange after May 5, 2022, will not be deemed as such, according to the document.
Investors will not be able to access certain UK tax benefits in future when trading securities on MOEX, although investments made earlier than May 5, 2022, will be protected.