Belgium defines conditions for licence applications to sell positions deposited with Russian sanctioned NSD

23 December 2022

Belgium defines conditions for licence applications to sell positions deposited with Russian sanctioned NSDD.Bond/Shutterstock.com

Following the decision of the Luxembourg Finance Ministry in June to allow the release of funds of the Russian National Settlement Depository (NSD) frozen by EU sanctions (previous post), the Belgium Treasury has set...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor...

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