Russia’s National Settlement Depository says Clearstream is blocking its account -Ifx
4:47 am Friday, March 25th, 2022
(Reuters) – Russia’s National Settlement Depository (NSD) on Friday said Clearstream, one of the world’s biggest settlement systems, had informed it that it was blocking its account and waiting for a decision from regulatory authorities in Luxembourg, Interfax reported.
Clearstream and Euroclear are no longer accepting Russian assets, effectively shutting off an exit route for overseas investors.
(Reporting by Reuters; editing by Jason Neely)
