Central Securities Depository

Once again, regional regulators have been taking steps to enhance compliance, for example in Kazakhstan where the Central Securities Depository ordered brokers and managers to divest from Russian securities in July. While financial services sanctions are somewhat easier for regional governments to push compliance with, it will be up to the companies that produce the dual-use and critical technology items or license the underlying intellectual property to take the lead in overseeing compliance for the trade sanctions to be truly effective. Those are predominantly Western firms. Almost none are firms based in Central Asia and the Caucasus. The risk-reward mechanics thus far have failed to achieve สล็อต เว็บตรง