Resumen de Russia's dim sum roadblock
The article discusses how differences in accounting and auditing standards are creating hurdles in Russia's plans for a debut sovereign dim sum bond. The plans existed for an offshore issuance of 1 billion dollars worth of renminbi (RMB) denominated bonds. According to Alexander Dolgov, partner at Hogan Lovells in Moscow, the government was looking for alternative sources of funding due to the existing political situation
