Unlocking assets via the Belgian Treasury

After the European Union imposed sanctions on the Russian National Settlement Depository (NSD), many private investors found themselves in a difficult situation. Assets accounted for through the NSD were blocked. This measure was part of a broader package of sanctions aimed at restricting financial transactions and freezing assets linked to Russian legal and physical entities. As a result, many investors who had their funds, shares, and other securities in the NSD faced the inability to manage their assets.

However, despite the strict measures provided by the sanctions, there is a way to unblock these assets. One possible solution is to submit an application to the Belgian Treasury to obtain an individual license. This process requires careful attention and a clear understanding of all the steps necessary to successfully complete the procedure.

The Belgian Treasury reviews each application individually. The process can take a significant amount of time, as all provided data must be verified to ensure the application meets established norms and requirements. In some cases, additional information or documents may be required, which can also extend the review process.

If the Belgian Treasury approves the application, the investor is issued an individual license. This license allows the removal of the asset block and the restoration of the ability to manage them. It is important to note that obtaining such a license does not exempt the investor from complying with other sanction regimes and legal requirements.

For many private investors facing asset blockage, the process of submitting an application for an individual license to the Belgian Treasury is the only way to regain access to their funds. Despite the complexity and length of the process, this path provides an opportunity to regain control over their investments and minimize financial losses caused by the sanctions.

Our services for unblocking assets through the Belgian Treasury include a full range of measures aimed at restoring access to your blocked assets. We offer an individual approach and professional support at each stage of the process, ensuring maximum efficiency and risk minimization.

1. Consultations and Situation Assessment

Our specialists will conduct a detailed analysis of your situation, assess the volume and nature of the blocked assets, and identify all legal and financial aspects related to the blockage. We will provide you with comprehensive consultation, explain possible solutions to the problem, and develop a strategy of actions.

2. Application Preparation

We will prepare an application for obtaining an individual license from the Belgian Treasury. Our lawyers will ensure the correct completion of the application in accordance with the requirements of the Treasury.

3. Application Submission Support

We will handle the entire procedure of submitting the application to the Belgian Treasury, including the preparation and dispatch of all necessary documents. Our specialists will monitor the review process of your application and maintain contact with the Treasury to promptly provide additional data or documents if required.

4. Legal Support

During the review process of your application, various legal questions may arise. Our lawyers will provide the necessary legal support for the application review process, including consultations and preparing responses to Treasury inquiries.

5. License Acquisition

After the positive review of your application and obtaining the license, we will support the process of transferring the unblocked assets to another brokerage account. We will ensure the correct documentation and acquisition of all necessary documents so that you can quickly and smoothly regain access to your assets.

6. Post-Unblocking Support

After obtaining the license and unblocking the assets, our specialists will provide you with consultations on further management of your assets, considering the existing sanction regimes and legal requirements. We will help you develop a strategy to minimize risks and prevent repeated blockages.

We work on a success fee basis, which means we do not take any advance payments and only receive payment for our services if a positive result is achieved. We are committed to successfully unblocking our clients’ assets and obtaining positive outcomes. This approach allows our clients to feel confident that our interests are fully aligned with theirs, and we work towards achieving a common goal without financial risks for them.

By contacting us for asset unblocking services through the Belgian Treasury, you receive professional support and confidence in the successful resolution of your issue. We strive to provide our clients with high-quality legal and consulting services that help effectively overcome difficulties in a sanction regime.