The Central Bank of Russia expects investors who are not on the sanctions list of foreign depository institutions to quickly unblock their frozen assets. This was announced by the First Deputy Governor of the Central Bank of Russia Vladimir Chistyukhin. Wrote agency TASS.
“Unobstructed issues are being evaluated by regulators Euroclear and Clearstream. They are considering the issue of unblocking the assets of people who are not on the sanction lists. In other words, there is no talk of removing any blocking about anyone under sanction. “They actually want to free the innocent and I hope they find the strength to do so in the near future.”
European Union (EU) introduced Restrictive measures against the National Reconciliation Agency (NSD) in June 2022. At that time, NSD was under sanctions (since February 2022) by international depositories Euroclear and Clearstream. Double restrictions froze some of the papers of Russian investors.
In the second half of January, the RBC edition reportedThat the Bank of Russia discovered cases of illegal deletion of foreign securities from Russian depositories abroad.
Ministry of Finance of Luxembourg in December allowed Unlock some of the NSD holdings in the Clearstream international custodian.