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Russian court recovers $105.4 million in damages from Euroclear, RIA reports
Published by Global Banking and Finance Review
Posted on September 3, 2025
1 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on September 3, 2025
1 min readLast updated: January 22, 2026
A Moscow court has awarded $105.4 million in damages from Euroclear after a lawsuit by a former Sberbank division, amid ongoing sanctions and countermeasures.
MOSCOW (Reuters) -An arbitration court in Moscow has recovered some $105.4 million in damages from Belgium's Euroclear following a lawsuit filed by a former division of Russia's largest lender Sberbank, the RIA state news agency reported on Wednesday.
International sanctions against Moscow over the Ukraine conflict have blocked many Russian investors' access to securities held in jurisdictions outside the country, while Russian countermeasures have frozen Western funds within.
Russian court filings showed in May that the lawsuit by First Asset Management, the former Sberbank division, had been partially satisfied.
Euroclear did not immediately respond to a request for comment.
(Reporting by Reuters; Writing by Lucy Papachristou; Editing by Richard Chang)
An arbitration court in Moscow has recovered $105.4 million in damages from Euroclear.
The lawsuit was filed by First Asset Management, a former division of Russia's largest lender, Sberbank.
International sanctions against Moscow over the Ukraine conflict have blocked many Russian investors' access to securities held in jurisdictions outside the country.
Euroclear did not immediately respond to a request for comment regarding the lawsuit.
Russian court filings showed in May that the lawsuit by First Asset Management had been partially satisfied.
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