Belgian Council of State annuls refusal to licence release Russian bank’s frozen Euroclear funds

15 September 2026

Belgian Council of State annuls refusal to licence release Russian bank’s frozen Euroclear fundsRapit Design/Shutterstock.com

The Belgian Council of State (Belgium’s highest administrative court) has annulled a decision refusing to licence the release of a Russian bank’s frozen funds – BCS Bank v Belgian State, No 267.613.  Our Belgium...

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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. She is the…

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