The amount of claims of investors from the Russian Federation to Euroclear exceeded 200 billion rubles

The total amount that Russian investors want to sue from the European depository Euroclear has exceeded 200 billion rubles. after the claim of a private investor Andrey Vidov in the amount of 91.5 million rubles. Information about the claim of Mr. Vidov is published on website Moscow Arbitration Court. The matter was brought to attention RBC Investments.

It follows from the case file that Sberbank and the National Settlement Depository (NSD) are listed as third parties. The lawsuit was filed on August 11.

Taking into account the requirements of Mr. Vidov, it is known that a total of 13 lawsuits against Euroclear have been accepted in Russian courts, including two class actions. The exact amount of all claims against the depositary is unknown, because the amount of funds required not specified at the suit of private investor Vladimir Popoav-Lvov.

In 2022, the European depositories Euroclear and Clearstream blocked the accounts of NSD, due to which some of the securities of Russian investors were frozen. Bank of Russia appreciated the amount of blocked Russian assets on NSD’s accounts with foreign depositories is 6 trillion rubles.

At the end of July, eight Russian investors and Energotransbank filed claim to the Moscow Arbitration Court. They demanded to recover a total of 2 billion rubles. from the Euroclear depositary as a refund of the value of blocked assets and recovery of accrued but not received amounts.

Erdni Kagaltynov