Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what the value is of the assets frozen under EU sanctions on targeted Burmese military and security personnel.
The Office of Financial Sanctions Implementation undertakes an annual review of frozen assets in the UK, requiring all persons or institutions that hold or control frozen assets in the UK to report to OFSI. Details of assets reported to OFSI in 2018 are not yet available and will be published in OFSI’s 2018-2019 Annual Review.
There were no Burmese assets identified in the 2017 frozen asset review due to current designations coming into force from April 2018.