Deputy Chairman of the Central Bank: Belgium and Luxembourg have extended the deadline for filing documents to unlock assets until the end of July
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Regulators in Belgium and Luxembourg have extended the deadline for filing documents to unlock the assets of non-sanctioned persons frozen in European depositories Euroclear and Clearstream until the end of July. This was announced by the Deputy Chairman of the Central Bank of the Russian Federation Philip Gabunia at a meeting of credit institutions with the regulator.
“The relevant decisions have been announced that it is possible to apply for a license to the Belgian regulator and the Luxembourg regulator. Our professional participants, according to our data, requested all clients, all those who agreed, for all of them, packages were submitted. Now they are under consideration in those jurisdictions. The latest information came from them that they extended the opportunity to apply until the end of July, although the deadline was set, let me remind you, on January 7,” said Mr. Gabunia.
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