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Presidential Executive Office2025
Events

Executive Order under which the ban on the recovery or seizure of funds and securities from S- and I-type accounts no longer applies to court decisions issued before January 3, 2024

The President signed Executive Order On Amendments to Presidential Executive Order No 95 of March 5, 2022, On Temporary Procedure for Meeting Obligations to Certain Foreign Creditors and Presidential Executive Order No 665 of September 9, 2023, On Temporary Procedure for Meeting Government Debt Obligations of the Russian Federation in the Form of Government Securities with Nominal Value Denominated in Foreign Currency and Other Obligations Under Foreign Securities to residents and Foreign Creditors.

April 8, 2024
17:40

Under the amendment introduced to the Executive Order No 95 of March 5, 2022, funds and securities held in S-type accounts shall be immune to recovery enforcement under writs of execution, or seizure, or any obligatory payment recovery claim, or other injunctions, if judicial acts or acts by other authorities were delivered after January 3, 2024.

Under the amendment introduced to the Executive Order No 665 of September 9, 2023, funds held in I-type accounts shall be immune to recovery enforcement under writs of execution, or seizure, or any obligatory payment recovery claim, or other injunctions, if judicial acts or acts by other authorities were delivered after January 3, 2024.

See also

Executive Order on temporary procedure for meeting loan obligations to certain foreign creditors
March 5, 2022
Executive Order on temporary procedure for meeting government debt obligations of the Russian Federation to residents and foreign creditors
September 9, 2023
Amendments to executive orders introducing temporary procedure for meeting obligations to certain foreign creditors and meeting the Russian Federation’s government debt obligations to residents and foreign creditors
January 3, 2024
Amendments to Executive Order on temporary procedure for meeting government debt obligations of the Russian Federation to residents and foreign creditors
January 3, 2024

Topics

  • Anti-sanctions
  • Banks
  • Court
  • Economy and finance

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Published in section: Documents

Publication date: April 8, 2024, 17:40

Direct link: en.kremlin.ru/d/73833

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Official Website of the President of Russia:

Executive Order under which the ban on the recovery or seizure of funds and securities from S- and I-type accounts no longer applies to court decisions issued before January 3, 2024

http://en.kremlin.ru/catalog/keywords/37/events/73833

Last updated at April 9, 2024, 11:52

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