Learn more

Today, February 12, the European Union took an important step that will allow the transfer of profits from frozen Russian assets to Ukraine, according to the Council of the EU. “The Council today adopted a decision and a regulation clarifying the obligations of Central Securities Depositories holding assets and reserves of the Central Bank of Russia that are immobilized as a consequence of EU’s restrictive measures,” the statement says. After Russia launched an illegal and unjustified full-scale invasion of Ukraine in February 2022, the EU, in coordination with international partners, decided …