Moscow Court Moves Russian Central Bank Lawsuit Against Euroclear Behind Closed Doors

A Moscow court ordered closed-door proceedings in the Russian central bank lawsuit against Euroclear. This action follows disputes over frozen sovereign assets.

Insights:
A Moscow court ruled on Friday, January 16, 2026, that a massive lawsuit filed by the central bank of Russia RURUagainst the Belgium BEBEbased clearing house Euroclear will proceed behind closed doors. The judge ordered journalists to leave the courtroom following the decision, which came despite formal opposition to the private proceedings from legal representatives of Euroclear. The 18.2 trillion rouble lawsuit, equivalent to approximately $235 billion, was originally filed in December 2025 as a direct challenge to international maneuvers involving frozen assets belonging to Russia.
The headquarters of Euroclear, a Belgium-based central securities depository holding frozen Russian assets, are seen in Brussels, Belgium, on December 5, 2025. REUTERS/Yves Herman
The headquarters of Euroclear, a Belgium-based central securities depository holding frozen Russian assets, are seen in Brussels, Belgium, on December 5, 2025. REUTERS/Yves Herman
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