Russian Central Bank welcomes step to unblock Russians’ assets

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MOSCOW, RUSSIA - MAY 25, 2022: A view of the headquarters of the Central Bank of Russia. Mikhail Tereshchenko/TASS

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The Bank of Russia, on Wednesday, said it welcomes any steps to solve the problems with the blocked assets of Russians.

The Bank added that the Luxembourg license was issued to the Russian National Settlement Depository (NSD).

NDS is part of the Moscow Exchange (MOEX) group, which requires study.

“We welcome any steps to solve investors’ problems with blocked foreign securities.

“As for the license issued to NSD by the European regulator, the document requires careful study.

“Additional comments are premature,” the bank said.

The NSD said on Tuesday that it had received the first general license from a European regulator, the Luxembourg Ministry of Finance.

The license allows the release of frozen assets due to sanctions against the NSD. (Sputnik)


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