Moscow Exchange versus Europe: how and why the exchange will challenge European sanctions
The Moscow Exchange has applied to the EU court to have the sanctions lifted that were imposed on the trading venue in July this year. Before that, an entity of the exchange, the National Settlement Depository (NSD), litigated against the EU for four years without success, while the trading venue itself has been under US sanctions since 2024 but is not challenging them. Why does the Moscow Exchange need yet another court case against the EU?