Asset Unfreezing Update: Investment Chamber News

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On October 11, several large brokerage firms received archives of transactions approved by the Investment Chamber, the authority overseeing the exchange of blocked assets. RBC reported on the development. The confirmation came from the press offices of Tsifra Broker, BCS and Ricom-Trust.

Finam’s press service noted that a second round of payments had taken place, and funds were beginning to arrive in customer accounts. This update aligns with the ongoing flow of settlements reported by market participants.

Earlier, Russian investors registered more than one million applications under the unfreezing asset procedure. Philip Gabunia, deputy governor of the Central Bank of the Russian Federation, said the collection of applications from Russian sponsors had ended. He added that blocked securities totaling 35.3 billion rubles were offered for repayment.

Earlier reports also referenced the scale of claims Russian investors had against Clearstream.

In summary, the sequence of approvals, payments and investor claims paints a picture of how asset unfreezing and related settlements are evolving within the market.

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