{"id":1102,"date":"2022-10-12T09:19:16","date_gmt":"2022-10-12T09:19:16","guid":{"rendered":"https:\/\/evernord.com\/?p=1102"},"modified":"2023-04-18T14:10:10","modified_gmt":"2023-04-18T14:10:10","slug":"why-it-does-not-make-any-sense-to-move-securities-accounts-abroad-entries-are-kept-with-european-depositories","status":"publish","type":"post","link":"https:\/\/evernord.com\/en\/why-it-does-not-make-any-sense-to-move-securities-accounts-abroad-entries-are-kept-with-european-depositories\/","title":{"rendered":"Why it does not make any sense to move securities accounts abroad: entries are kept with European depositories"},"content":{"rendered":"<p>At the start of the war, panicked wealthy clients considered evacuating their shares to Swiss banks, more than six months later, some Lithuanian financial intermediaries admit.<\/p>\n<p>Representatives of Evernord, a Lithuanian brokerage firm, admit that at the beginning of the war they received &#8220;unexpected&#8221; requests to move the securities entrusted to Lithuanian FIs for accounting and management to foreign banks, allegedly because &#8220;if something happened, the enemies would be able to snatch the shares or bonds&#8221;.<\/p>\n<p>&#8220;After long conversations, many meetings and therapy sessions, not a single client withdrew their securities accounts,&#8221; Vismant\u0117 \u0160epetien\u0117, director of Evernord, recalls to V\u017d her work with clients during the first days of the war.<\/p>\n<p><a href=\"https:\/\/www.vz.lt\/rinkos\/2022\/10\/12\/ne-okupantas-nepavogtu-akciju\" target=\"_blank\" rel=\"noopener\">https:\/\/www.vz.lt\/rinkos\/2022\/10\/12\/ne-okupantas-nepavogtu-akciju<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why it does not make any sense to move securities accounts abroad: entries are kept with European depositories<\/p>\n","protected":false},"author":2,"featured_media":569,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-1102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en"],"_links":{"self":[{"href":"https:\/\/evernord.com\/en\/wp-json\/wp\/v2\/posts\/1102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/evernord.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/evernord.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/evernord.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/evernord.com\/en\/wp-json\/wp\/v2\/comments?post=1102"}],"version-history":[{"count":0,"href":"https:\/\/evernord.com\/en\/wp-json\/wp\/v2\/posts\/1102\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/evernord.com\/en\/wp-json\/wp\/v2\/media\/569"}],"wp:attachment":[{"href":"https:\/\/evernord.com\/en\/wp-json\/wp\/v2\/media?parent=1102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/evernord.com\/en\/wp-json\/wp\/v2\/categories?post=1102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/evernord.com\/en\/wp-json\/wp\/v2\/tags?post=1102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}