Euroclear to transfer €1.55bn in profits from frozen Russian assets to European Fund for Ukraine

23 July 2024

Euroclear to transfer €1.55bn in profits from frozen Russian assets to European Fund for UkraineChristophe Licoppe_Shutterstock

Belgium-based clearing house Euroclear has announced it will transfer €1.55bn of profits from the interest accumulated on frozen Russian assets in July 2024. This follows the European Parliament resolution calling on the EU to...

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Maya Lester KC

Maya Lester KC is a senior barrister (King’s Counsel) at Brick Court Chambers with a wide-ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions...

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