Central Bank of Russia Added Karma to the Registry of the Operators of Investment Platforms

George Goognin
KarmaRed
Published in
1 min readAug 28, 2020

Hello, dear friends!

Congratulations to our community and the team: Central Bank of Russia added Karma to the Registry of the Operators of Investment Platforms. Here's the list at the official Central Bank website: http://www.cbr.ru/vfs/registers/infr/list_invest_platform_op.xlsx

It's interesting that one of our founders, George, has actively participated in creating the 259 Federal Law about the investment platforms, being a vice-chairman of the Experts Chamber at the Russian Parliament.

What next?

Karma is now operating fully legal, in compliance with current Federal Laws. Plus, we're now reporting to the Central Bank of Russia and credit bueraus. We're still working on our research about how to allow non-Russian investors to participate in our high-yield fixed-income investment programs (up to 20% annual percentage rate in RUB).

Cheers
ˆ_ˆ

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