The decision is based on the fact that the Russian regulator’s claim against Euroclear Bank is not recognized under EU legislation, and "Euroclear does not recognize the court’s jurisdiction"

A Russian court on Friday ordered Belgian financial group Euroclear to pay around $250 billion in damages over the freezing of billions of dollars worth of Russian assets in the…

The decision is based on the fact that the Russian Central Bank's claim against Euroclear Bank is not recognized under EU law, and Euroclear "does not recognize the court’s…

The decision is based on the fact that the Russian regulator’s claim against Euroclear Bank is not recognized under EU legislation, and "Euroclear does not recognize the court’s…

The Moscow Arbitration Court received a petition

According to the case database, the appellate court partially upheld Pervaya Management Company's claims and ruled that Euroclear must pay it approximately 32 billion rubles