Central Banking

Clearstream to refute Secret-Acts charges

Luxembourg's central bank said Feb 26, 2001 that clearing and settlement group Clearstream has given assurances to the authorities here it will "take steps to refute allegations" that it set up thousands of secret accounts for its clients, including institutions in Colombia and Russia.

In a brief statement, the central bank said the assurances were given during a meeting earlier on Feb 26 between Clearstream, its own officials and those from Luxembourg's Ministry of Finance."The authorities wi

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: