Euroclear Sidesteps OFAC as New Procedure Unfreezes Over $200 Billion in Russian Assets

Euroclear, one of Europe’s leading clearinghouses, has implemented a procedure allowing Russian investors to unfreeze their assets without an OFAC license. The move opens a path to potentially unblocking more than $200 billion in Russian assets frozen by the institution. Euroclear Opens a Path for Unfreezing Russian Assets Without US Approval The Facts Euroclear has […]