Russia: Measures applied to foreign holders of Russian securities
Clearstream Banking1 informs customers that the National Settlement Depository (NSD), acting pursuant to Prescription No. 018-34-3/1202 issued by the Central Bank of the Russian Federation on 28 February 2022, has blocked all securities held on Clearstream Banking’s FNH Account until further notice.
Clearstream Banking understands that NSD is required to suspend payments on securities issued by Russian entities to foreign legal entities and individuals. NSD will not credit such proceeds to Clearstream Banking’s account until further notice.
The impact on Clearstream Banking’s service of these and other Russia-related measures are contained in Announcement A22018 of 28 February 2022.
Further information
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
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1. Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany, and registered in Register B of the Amtsgericht Frankfurt am Main, Germany, under number HRB 7500.