EU hack that Russia is using to force Euroclear and Raiffeisen to release its oligarchs from sanctions. Russia has taken advantage of a loophole in EU sanctions to free up $3 billion worth of assets held by Belgium's Euroclarer, according to a Flemish media report, and Austria's Raiffeisen bank may be poised to make the same move.

EU hack that Russia is using to force Euroclear and Raiffeisen to release its oligarchs from sanctions. Russia has taken advantage of a loophole in EU sanctions to free up $3 billion worth of assets held by Belgium's Euroclarer, according to a Flemish media report, and Austria's Raiffeisen bank may be poised to make the same move.