Sanctions: Freezing of Assets

(asked on 25th March 2022) - View Source

Question to the Foreign, Commonwealth & Development Office:

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, if she will list the assets and properties (a) seized and (b) frozen under sanctions regulations in 2022.


Answered by
Vicky Ford Portrait
Vicky Ford
This question was answered on 31st March 2022

The UK Sanctions List, published by the FCDO on GOV.UK, is the comprehensive list of persons or ships designated. Additionally, there are entities listed in Schedule 2 of the Russia (Sanctions) (EU Exit) Regulations 2019, which are covered by sectoral financial measures.

In response to Russia's invasion of Ukraine we have announced an unprecedented package of sanctions to cut off the funding for Putin's war machine. We have now sanctioned over 1000 individuals and businesses since the invasion of Ukraine. Putin himself has acknowledged the "problems and difficulties" caused by sanctions. Our package of sanctions includes asset freezes on major banks, a prohibition on clearing for Sberbank, and the removal of selected banks from SWIFT.UK sanctions are strategically coordinated with allies to impose severe cost on Putin and his regime.

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