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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.
The Executive Order prohibits the seizure of funds in type C and I accounts.
In accordance with the Executive Order, money deposited in type C and I accounts, as well as securities deposited in type C accounts cannot be subjected to recovery on the basis of an enforcement document, seizure, or other provisional remedies.
January 3, 2024