Euroclear Bank filed a cassation appeal against the decision to recover 200 billion euros

Euroclear Bank filed a cassation appeal against the judicial acts of Russian arbitration courts, which, at the request of the Bank of Russia, recovered from it about 200 billion euros in damages.

On May 15, the court of first instance fully satisfied the claim of the Central Bank of the Russian Federation against Euroclear.

The Ninth Arbitration Court of Appeal rejected Euroclear Bank's appeal in July, and the decision of the first instance court came into force.

MOSCOW, September 25 – RIA Novosti. Euroclear Bank filed a cassation appeal against the judicial acts of Russian arbitration courts of two instances, which, at the request of the Bank of Russia, recovered from it about 200 billion euros in losses, according to materials studied by RIA Novosti.

The complaint was received on September 24 by the first instance - the Moscow Arbitration Court. It, along with the case materials, will be transferred for consideration to the arbitration court of the Moscow District.

On May 15, the court of first instance fully satisfied the claim of the Central Bank of the Russian Federation against Euroclear, collecting losses from the defendant in seven currencies in a total amount of about 200 billion euros. The Ninth Arbitration Court of Appeal rejected Euroclear Bank's appeal against this decision in July, and it entered into force.

On May 26, the Moscow Arbitration Court, at the request of the Bank of Russia, ordered immediate execution of the decision, and on June 2, it issued a writ of execution to the Bank of Russia to enforce the decision.