Tag VTB

Speculators, tax amnesty, and SWIFT

A follow-up on P.’s speech. Betters, or speculators, operate in every forex market worth its name. Some traders believe that the Central Bank of Russia (CBR) interferes from time to time to punish market players who bet on outcomes the CBR finds undesirable.…

Nutritek to Donbass

VTB v Nutritek (registration required), finally decided by the UK Supreme Court in February 2013, was notable for the judges’ take on “piercing the corporate veil”, jurisdiction, and injunctive asset freezes. Now, let’s take a look at the parties involved. VTB Capital…