Nabiullina: Central Bank has returned a significant portion of frozen assets to investors

According to Nabiullina, various instruments were used, including the issuance of substitute bonds. The Central Bank Governor emphasized that the issue remains a focus for the regulator and work in this direction will continue. She did not disclose details, citing the 'sensitivity of the topic.'

The fate of Russian funds abroad has once again come under scrutiny in recent weeks. In mid-October, the U.S. proposed that Europe unfreeze a portion of Russian assets, frozen since 2022, and transfer them under Washington's management. The American side viewed this step as a way to bring the parties back to peace negotiations on Ukraine. The proposal was made during a meeting between representatives of Donald Trump and delegations from Ukraine, France, Germany, the United Kingdom, the EU, and NATO, but it did not receive European support.

In Finland, on November 6, the Helsinki Court of Appeal froze the introduction of new restrictions against Russian state assets in the country. The enforcement of the decision has been postponed until the appeal is considered or until a separate court order is issued. Meanwhile, previously imposed sanctions continue to remain in effect.