It has been under the spotlight since late February 2022 because it is where most of the reserves of the Bank of Russia are deposited, that were immobilized in the context of international sanctions during the Russo-Ukrainian War.

[3]: 34–35 In 1972, Euroclear Clearance System plc was founded in London, with shareholders including over 120 major financial institutions.

[6]: 4 In May 2013, Euroclear and the US Depository Trust & Clearing Corporation (DTCC) offered access to each other’s vast inventory of collaterals.

While the initial offering provided a two-way automatic transfer and retention of collaterals, it was intended to evolve as a single pool of depositories.

[7] In April 2014, Euroclear linked its system to the Central Latinoamericana de Valores to open Panama to international investors, thus creating a single pool of liquidity.

[8] In February 2015, Mexico opened up its corporate bonds to Euroclear's trading platform, hoping it will facilitate and increase raising funds for its development programs.

The Euroclear entities settle domestic and international securities transactions, covering bonds, equities, derivatives, and investment funds.