All news on the topic: Euroclear

Belgium’s supreme administrative court has ruled that a decision by the country’s treasury department refusing to release frozen Russian assets was illegal.

The Ninth Arbitration Court of Appeal dismissed Euroclear’s appeal against the decision of the Moscow Arbitration Court and upheld the recovery of $85 million in favor of Transneft.

The debate about issuing a reparations loan to Ukraine has prompted one burning question: Where exactly are Russia’s immobilised assets?

Plans to use a portion of Russia’s frozen central bank assets — worth nearly $300 billion — to support Ukraine have entered the preparatory phase, with the United Kingdom and Canada joining the European Union-led initiative, Bloomberg reported.