LSEG Suspends All Services in Russia

London Stock Exchange Group (LSEG) has confirmed that it is suspending all products and services for all customers in Russia, subject to any regulatory requirements.

"We continue to support our employees in the region. We are also engaging with our customers outside Russia who depend on us for data and pricing information inside Russia. We are evaluating alternative options to continue providing these services,"LSEG said.

This follows the actions already taken to suspend access to products that contain LSEG's news and commentary for customers in Russia.

LSEG operates critical financial market infrastructure relied on by governments, regulators, central banks and financial market participants around the world to preserve financial stability, ensure orderly trading and liquidity in capital markets, facilitate the accurate and transparent flow of data and pricing information and to manage risk throughout the global financial system.

MoneyGram International Inc. also issued a statement yesterday that it has made a decision to suspend services in Russia as the humanitarian crisis in the region continues to escalate.