Moscow, December 21 – The Bank of Russia welcomes any steps to solve the problems of Russians with blocked foreign assets, the Luxembourg license issued by the National Settlement Depository (NSD, part of the Moscow Stock Exchange Group) should be studied, the press service of the Central Bank of the Russian Federation said.
In a statement, the CBR said, “We welcome any steps aimed at resolving investors’ problems with blocked foreign securities. As for the license issued by the European regulator for NSD, the document requires careful consideration. Additional comments are premature.”
According to a statement issued by the depositary’s press service on Tuesday and a document from the Luxembourg Ministry of Finance, NSD has obtained its first general license from the European regulator, the Luxembourg Ministry of Finance, allowing the release of assets that have been frozen due to sanctions imposed on NSD.
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