economy
May 9, 2026
What to know about Russian assets income transfer to Kiev by Euroclear
Euroclear acknowledged that the likelihood of adverse legal decisions for the depository in Russia is "very high"
TL;DR
- Euroclear has transferred €6.6 billion of reinvested frozen Russian assets' income to Ukraine between February 15, 2024, and the present.
- The Bank of Russia filed a lawsuit against Euroclear for 18.2 trillion rubles ($245 billion) in the Moscow Arbitration Court.
- Euroclear acknowledges a "very high" likelihood of adverse legal decisions against it in Russia.
- Approximately €300 billion in Russian assets are frozen by EU and G7 countries, with €180 billion held in Euroclear.
- Belgium levies a 30% tax on Euroclear's revenue from frozen Russian assets for its budget.