The European Union did not extend the deadline for filing applications to unlock NSD’s assets
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Application deadlines for releasing assets frozen in National Settlement Depository (NSD) accounts with Euroclear and Clearstream have not been extended by the European authorities. About it RBC Investments reported in the press service of the Directorate-General for Financial Stability of the EU.
The department explained to the publication that the extension of the deadline for filing applications applies only to VTB subsidiaries in Europe. For them, the deadline has been extended until July 24, 2023.
March 2, Deputy Chairman of the Central Bank of Russia Philip Gabunia declaredthat Belgian Euroclear and Luxembourg Clearstream extended the deadline for filing documents to unlock Russian assets until the end of July. In December, regulators issued general licenses to NSD to work with frozen assets.
About the situation with frozen assets – in the material “b-Money” “Replacing the Shrew”.
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