Euroclear and Clearstream Cease Settlement of Russian Securities
Posted on 03/08/2022
Days ago, International Central Securities Depositories (ICSD) Euroclear and Clearstream ceased settling rouble-denominated transactions. The action impacts investors trying to sell their rouble-denominated assets. Euroclear will no longer accept new internal free or against payment settlement instructions in Russian domestic securities as from the close of business as of March 1, 2022. In the statement…
