Moscow appeals court upholds 18.17-trillion-ruble order against Euroclear, the Belgian depository holding €190 billion of Russia’s frozen funds

Meduza (English)

A Moscow appeals court has rejected a petition from Euroclear, the Belgian securities depository, the Russian state news agency TASS reported.

A spokesman for Euroclear said a ruling ordering the firm to pay 18.17 trillion rubles in a case brought by Russia’s central bank remained in force. ...

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Moscow appeals court upholds 18.17-trillion-ruble order against Euroclear, the Belgian depository holding €190 billion of Russia’s frozen funds

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