The move could undermine the European financial system, chief executive Lieve Mostrey has claimed A plan by the G7 to use Russia’s frozen assets as a backstop to issue loans for the reconstruction of Ukraine would pose risks to the financial stability of Europe, Lieve Mostrey, CEO of the Brussels-based clearinghouse Euroclear, has warned.

There has been no notable change in standards, according to data from the national regulator Western sanctions have had no notable impact on flight safety in Russian civil aviation, the Kommersant newspaper has reported, citing data from the nation’s air safety watchdog over the past five years.

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