EU extends deadline for retrieving blocked Russian assets ...News

Russia Today - Economy
EU extends deadline for retrieving blocked Russian assets
source : Russia Today ( News ) () 50
Non-sanctioned investors have until the end of July to apply to have their funds released Regulators in Belgium and Luxembourg have extended the deadline for the filing of documents unblocking Russian assets kept in their respective clearing systems, Philipp Gabunia, Deputy Chairman of the Bank of Russia, said at a meeting organized by the Association of Russian Banks on Friday. According to the official, non-sanctioned Russian investors now have until the end of July to apply for the release of their funds. The previous deadline was January 7, which, Gabunia said, gave investors an “extremely short” time period f

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