Transferring Russian assets to new entity could trigger Euroclear's bankruptcy
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Valerie Urbain, the CEO of Euroclear, warned that transferring Russian assets to a new entity could lead to the Belgian depository's bankruptcy. She stated that it is impossible to transfer assets without also accounting for liabilities.
CEO of the Belgian depository Valerie Urbain stressed that it is impossible to transfer only the assets while forgetting about the liabilities