The National Bank of Ukraine is urging the world largest trading and data platforms Bloomberg and Refinitiv (earlier known as Reuters) to terminate access of Russian and Belarussian financial institutions. Respective letters addressed to Peter Grauer, Chairman of Bloomberg L.P., and Antonio De Gregorio, Head of Central and Eastern Europe, London Stock Exchange Group, were sent on 3 March 2022.
“Ukraine receives assistance from many countries and international organizations. It improves our defense and supports the financial sector of our country. At the same time, we insist that international pressure on the central banks of Russia and Belarus has to increase to counteract aggression of these countries in the financial area.
Bloomberg and Refinitiv trading and data platforms are the key players in providing data and information in the global financial market. It means that banning Russian and Belarussian financial institutions from these platforms will cripple their access to the international financial markets. It is a very important stage of counteracting military aggression at the financial forefront,” stressed the NBU Governor Kyrylo Shevchenko.
“One of our priorities is to use every opportunity to sanction Russian and Belarussian financial sector to counteract those horrors that happen now in our independent state. We extremely need help of our international partners,” said NBU Deputy Governor Yuriy Heletiy.
Data platform Refinitiv Limited (Reuters Limited before 1 October 2018) has been a member of London Stock Exchange Group since 1 February 2021.