Euroclear warns of risks if Russian assets seized ...News

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Euroclear warns of risks if Russian assets seized
The issue of tapping the frozen funds has reemerged as worries mount about the future of US aid to Ukraine under Donald Trump Belgian-based clearinghouse Euroclear, which holds the bulk of Russia’s frozen assets, has said it does not want to be held liable if the EU confiscates the funds and hands them over to Ukraine. Euroclear immobilized an estimated €197 billion ($213 billion) in assets belonging to the Russian central bank as part of Ukraine-related sanctions. The frozen assets generated €5.15 billion in interest in the first three quarters of this fiscal year. Earlier this year, the EU decided to give Ukra

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