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Russian court recovers $105.4 million in damages from Euroclear, RIA reports

Published by Global Banking & Finance Review

Posted on September 3, 2025

1 min read

· Last updated: January 22, 2026

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Russian court recovers $105.4 million in damages from Euroclear, RIA reports
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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

Moscow Court Awards $105.4 Million in Damages from Euroclear

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)

Key Takeaways

  • Moscow court awards $105.4 million in damages from Euroclear.
  • Lawsuit filed by former Sberbank division, First Asset Management.
  • Sanctions have blocked Russian investors' access to foreign securities.
  • Russian countermeasures have frozen Western funds.
  • Euroclear has not yet commented on the ruling.

Frequently Asked Questions

What amount was recovered from Euroclear?
An arbitration court in Moscow has recovered $105.4 million in damages from Euroclear.
Who filed the lawsuit against Euroclear?
The lawsuit was filed by First Asset Management, a former division of Russia's largest lender, Sberbank.
What has blocked Russian investors' access to securities?
International sanctions against Moscow over the Ukraine conflict have blocked many Russian investors' access to securities held in jurisdictions outside the country.
Did Euroclear respond to the court ruling?
Euroclear did not immediately respond to a request for comment regarding the lawsuit.
What was the status of the lawsuit in May?
Russian court filings showed in May that the lawsuit by First Asset Management had been partially satisfied.

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