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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.
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.
April 8, 2024