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Transneft and Sberbank settle their derivatives issue

Date of publication: 28 December 2017 Printable version

Transneft and Sberbank reached an agreement about the settlement of claims in relation to the deals with financial derivatives, closed in December 2013. The terms of settlement allow the parties to withdraw from further litigation.  

Transneft and Sberbank hope that the interest of the professional community in the given dispute will be conducive to the shaping of clear and understandable rules of conduct in the market of derivative financial instruments.

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