On Friday, December 12, 2025, Russia’s central bank fired off a warning: the European Union’s plan to tap into its frozen assets is illegal. The bank says it will use every tool at its disposal to protect its funds. ⚖️💼
In a separate statement, the central bank revealed it has sued Brussels-based Euroclear in a Moscow court. Euroclear, which holds many of Russia’s assets, is accused of damaging actions that block the bank from moving its money and securities.
Here’s the gist: sovereign immunity is a legal shield that keeps a country’s assets off-limits for others. The bank argues any direct or indirect use of its assets without permission violates international law. 🌐🔒
So, what’s next? Euroclear, the Belgian government and the European Commission have not commented yet. The lawsuit in Moscow could take weeks or even months to play out, and it may set a new precedent in global finance.
For young pros watching global markets, this clash shows how geopolitics can deeply impact financial stability and cross-border asset security. Stay tuned – big developments could be just around the corner! 🚀
Reference(s):
Russian central bank says EU plans to use its assets are illegal
cgtn.com
