The court in Luxembourg allowed the cancellation of the blocking of securities of Russian investors In Luxembourg, the decision of the local Ministry of Finance prohibiting the return of blocked securities of Russian investors was canceled. The reason was a claim by a company whose assets were frozen in 2022. In the past, the authorities only allowed the return of cash, but not stocks and bonds. The court found that such a restriction is illegal, as the company itself and its customers are not subject to individual EU sanctions. The decision creates the opportunity to unblock the securities, but does not mean an automatic return of assets to all Russian investors.

The court in Luxembourg allowed the cancellation of the blocking of securities of Russian investors In Luxembourg, the decision of the local Ministry of Finance prohibiting the return of blocked securities of Russian investors was canceled. The reason was a claim by a company whose assets were frozen in 2022. In the past, the authorities only allowed the return of cash, but not stocks and bonds. The court found that such a restriction is illegal, as the company itself and its customers are not subject to individual EU sanctions. The decision creates the opportunity to unblock the securities, but does not mean an automatic return of assets to all Russian investors.