Euroclear facilitates the unfreezing of Russian investors' assets.
The Belgian depository changed the rules for unfreezing assets without the participation of the American regulator
The Belgian depository Euroclear has changed the rules for unblocking the assets of Russian investors. The process is now possible without a license from the US Office of Foreign Assets Control (OFAC). This was reported by a large broker that handles asset unfreezing. According to Gleb Boyko, a sanctions law and compliance lawyer at the NSP law firm, three cases of successful asset unblocking in different brokerage companies are already known. The new mechanism was agreed with Euroclear about a month and a half ago. Boyko notes that previously the European depository did not apply such a practice.
Delcredere’s lawyers reported on their Telegram channel that they received a letter from Euroclear with the new course of action. Asset unblocking is possible under the following conditions:
- no American persons or financial institutions participate in the transaction;
- the movement of assets occurs only within Euroclear;
- the investor has a license from the Belgian Treasury.
Irina Rotachkova, head of the asset unblocking division at BGP Litigation, said that her law firm is handling several such cases, but none have been completed yet.
Recall that at the end of February – beginning of March 2022 the European depositories Euroclear and Clearstream ceased cooperation with the Russian National Settlement Depository (NSD). Assets were frozen in the summer of 2022 after the European Union imposed sanctions. In the summer of 2024 the United States imposed sanctions on the Moscow Exchange group, after which unfreezing assets required obtaining two licenses — from the EU and OFAC. However, in September RBC Investments found that the process had stalled because OFAC does not issue licenses to Russians.
More news about the event:
RBC: Euroclear began unfreezing Russian assets without the US OFAC license
The Belgian depository Euroclear began unfreezing assets of Russian investors without the US OFAC license, which is provided for the lawful winding down of activities under sanctions. 20:42 01.11.2025 Business Online - Kazan
Euroclear makes it easier to unblock assets of Russian investors
The Belgian depository changed the rules for unfreezing assets without the participation of the American regulator. The Belgian depository Euroclear changed the rules for unblocking the assets of Russian investors. 20:33 01.11.2025 Realnoe Vremya - Kazan
Regional news on the topic:
In Europe they began unfreezing assets of Russian investors without an OFAC license
The management of the Belgium-based international fund Euroclear decided on the possibility of unfreezing foreign assets belonging to Russia without conducting additional consultations and obtaining permission from Soe. 21:37 01.11.2025 IA Public Service News - Moscow
Euroclear began unfreezing assets of Russian investors without US consent
Euroclear has implemented a new mechanism for unblocking Russian assets. Russian assets in Euroclear can be unfrozen without an OFAC license. Photo: GLOBAL LOOK PRESS. 04:13 02.11.2025 Komsomolskaya Pravda - Yuzhno-Sakhalinsk
Belgium began unfreezing Russians’ assets without US permission
Photo: 123RF.com/jackf. The Belgian depository Euroclear decided to unblock the assets of Russian citizens without the US OFAC license. 19:56 01.11.2025 M24.Ru - Moscow
The Belgian depository began unfreezing Russians’ assets without US permission
Photo: TV channel “Krasnodar”. Three successful cases of unblocking securities are known. 18:07 01.11.2025 TK Krasnodar - Krasnodar
The event is dedicated to the rich history of our great country and its cultural heritage.
Kamskaya Nov
Fifteen people and one piece of equipment were involved in extinguishing the fires.
Photo: Realnoe Vremya
Firefighters promptly evacuated a boy using special equipment.
An emergency incident involving a minor occurred in the Usadba Tsarevo residential complex in the Pestrechinsky district of Tatarstan.
Newspaper Novaya Zhizn
Unity Day is a holiday that more symbolizes not victory, but the unity of the people, which made it possible to defeat the invaders.
Aksubaevsky district
On the eve of Unity Day, the “Berezka” kindergarten held the entertainment event “Round Dance of the Friendship of Peoples.”
Tetyushsky district
On October 31, a patriotic concert program “With Love for the Motherland!” dedicated to the 80th anniversary of Victory in the Great Patriotic War of 1941–1945 was held at the Vozhzhinsky rural club.
Tetyushsky district
Другие Новости Казани (Казань716)
Euroclear facilitates the unfreezing of Russian investors' assets.
Belgian depository changed the rules for unfreezing assets without the participation of the U.S. regulator Belgian depository Euroclear changed the rules for unblocking the assets of Russian investors. 01.11.2025. Real Time. Republic of Tatarstan. Kazan.
