recovering from the depository 200.1 billion euros (18.2 trillion rubles). Euroclear representatives called the decision unfair and claimed a "clearly violated" right to a fair trial. The amount of the…
The central Bank is filing a lawsuit with the Moscow Arbitration Court against Euroclear. Due to the blocking of assets, the Central Bank cannot manage its money and securities and…
Hong Kong authorities are working to create an alternative to European securities depositories Euroclear and Clearstream in order to reduce dependence on Western financial infrastructure, the Financial Times reports. The…
Hungary's refusal to vote for another extension of anti-Russian sanctions may lead to their suspension on January 31. In this case, 190 billion euros of Russian assets frozen in the…
"If Western countries have decided to use our assets and the proceeds from our assets, the Russian side will absolutely implement adequate actions. <...> The proceeds from these assets will…
According to the head of the depository, Valerie Urbain, the use of Moscow's assets will create risks for the euro as a reserve currency: "We cannot find ourselves in a…
