Regulation

Luxembourg freezes 4.3 billion euro in Russian assets

Moscow. Photo via Flickr CC BY 20

Luxembourg has frozen some 4.3 billion euro in Russian assets, mostly held in shares, bonds and bank accounts, as part of the international sanctions against Russia, the finance ministry said.

The Luxembourg Business Register, at the request of the finance ministry, so far has identified more than 90 persons and 1,100 legal entities registered in the Trade and Companies Register (RCS) for which there are details of persons included in the sanctions lists. 

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