Nasdaq as a global business is committed to compliance with all applicable
economic sanctions laws, including those of the European Union and the United
States. Nasdaq notes the ongoing changes in sanctions related to Russia. For
example, under US sanctions administered by the US Department of Treasury's
Office of Foreign Assets Control ("OFAC"), it is prohibited for any United
States citizen, lawful permanent resident, entity organized under the laws of
the United States (including foreign branches), or any person in the United
States (collectively, "US Persons") to engage in new investment in Russia as of
April 6, 2022 under Executive Order 14071. Pursuant to OFAC guidance in its
Frequently Asked Question ("FAQ") 1055, US Persons are not prohibited from
purchasing equity in entities located outside of Russia, "provided that (i)
such funds are not specifically intended for new projects or operations in the
Russian Federation and (ii) the revenues of the entity located outside the
Russian Federation are not predominantly derived from its investments in the
Russian Federation".
Nasdaq Helsinki Ltd reminds members that they are responsible for confirming
their compliance with applicable sanctions restrictions, including conducting
their own due diligence and other measures as appropriate. Members are
responsible for confirming whether US sanctions would apply to their activities
on the Nasdaq Helsinki Ltd operated markets and ensure that such activities are
in compliance with applicable sanctions restrictions.
Nasdaq Helsinki Ltd, Surveillance, survo@nasdaq.com, 358 9 6166 7260© 2022 GlobeNewswire
