FDC has just approved an update of its exclusion list.
Observations and changes with regard to the previous exclusion list dated November 2021:
- following 26 companies have been added to the exclusion list: Alrosa, Alrosa-Nyurba, Bashneft, Central Telegraph, Gazprom Neft, Gazprom, Gazprombank, Hensoldt AG, ICL Group Limited, Irkut Corporation, Leidos Holdings Incorporation, Mattel Incorporation, Mosenergo, NIS AD, Novorossiysk Commercial Sea Port PJSC, Pretis, Rosneft Oil Company, Rostelecom, Sberbank Russia, Tatneft, Territorial Generating Company, Transneft, United Aircraft Corporation, UPL Limited, Vozrozhdenie Bank and VTB Bank
- following 9 companies have lost their exclusion status but remain under observation: GMéxico Transportes, Grupo México, Korea Electric Power Corporation, Luckin Coffee Incorporation, Pan American Silver Corporation, Ratch Group Public Company Limited, SK Holdings, Southern Copper Corporation and Zijin Mining Group Company Limited
- following company has lost its exclusion status: PT Vale Indonesia Tbk.
Thus, 137 companies are currently excluded and ineligible for investment.