Moscow court orders Euroclear to pay compensation to Russia’s central bank over seized assets

The lawsuit sought to recover $249.7 billion in damages incurred when Russia was barred from managing and disposing of its Euroclear funds

The lawyers argued that Euroclear’s right to a fair trial was violated

May 15, 2026 22:57

MOSCOW: A court in Moscow ruled in favor of the Russian Central Bank in its lawsuit against Euroclear, the Brussels-based clearing house that holds the bulk of Russian assets frozen by the European Union, Russian media reported Friday.