Euroclear sues Bank of Russia in Brussels court

Belgian financial services firm Euroclear has initiated legal proceedings against the Bank of Russia in the Brussels commercial court. A preliminary hearing for the case took place on June 25. This action follows a previous ruling by a Moscow arbitration court in May, which sided with the Russian Central Bank in its claim against Euroclear for 200 billion euros in damages. The Russian Central Bank's lawsuit against Euroclear was originally filed in December 2025. Euroclear, a major international central securities depository, is now pursuing its own legal recourse in Belgium.

Sources: Радіо Свобода, Forbes Ukraine