Britain will never be able to confiscate russian assets

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Experts believe that despite all the loud statements, there are no and will never be any legal rights to receive frozen russian assets, property or other assets

15 Apr 2024

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Cameron sees progress in using russian frozen assets for Ukraine's needs

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He said this at a joint press conference with U.S. Secretary of State Anthony Blinken

10 Apr 2024

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Russia receives missile parts from the UK

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Exports to former Soviet states increased by more than 500% since the beginning of 2022

07 Apr 2024

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British cars get to russia bypassing sanctions through post-Soviet countries

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Britain exported £273 million worth of cars to Azerbaijan last year, up 1860% over the five-year period preceding russia's invasion of Ukraine

12 Mar 2024

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Britain is ready to lend Ukraine all frozen assets of the russian central bank as a guarantee of reparations

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This was stated by British Foreign Secretary David Cameron

06 Mar 2024

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Britain lifts sanctions on billionaire who renounced russian citizenship

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Igor Makarov, founder of the russian gas company Itera

05 Mar 2024

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Russian oligarchs lose appeal against arrest of their planes and superyacht in Britain

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The rulings come amid broader government discussions about the confiscation of some $300 billion in frozen russian assets

27 Feb 2024

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The London mayor calls on British authorities to confiscate property of "Putin's friends"

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In 2022, £1.1bn of property was identified as being bought by Russians accused of corruption or with links to the Kremlin

25 Feb 2024

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UK proposes to use russian assets as reparations for Ukraine's recovery

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The UK Foreign Secretary and Prime Minister called on the G7 to do so

25 Feb 2024

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Banks urge Britain to establish legal principles before resorting to confiscation of russian assets

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The priority for banks is to secure some form of legal protection or reimbursement amid the risk of any future claims by russia

24 Feb 2024

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Britain calls for urgent transfer of Abramovich's money from Chelsea sale to Ukraine

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The sanctioned Abramovich was allowed to sell Chelsea only on the condition that the proceeds (2.5 billion pounds) would go to humanitarian aid to Ukrainians affected by the war

31 Jan 2024

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British and Belgian Prime Ministers agree to work together to confiscate russian assets

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They agreed to continue joint actions on sanctions and asset forfeiture to deprive the russian war machine of resources and ensure Ukraine's reconstruction

23 Jan 2024

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The exact amount of russian assets frozen in the West has not yet been calculated - stated in Davos

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Experts believe that the frozen amount is between $300 and $400 billion, not including the money of the oligarchs

17 Jan 2024

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Britain’s Foreign Secretary in Davos calls confiscation of russian assets morally right

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Cameron believes there is no need to wait for the end of the war and "legal red tape"

17 Jan 2024

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Britain creates new department to combat sanctions evasion against russia

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Government announces new unit to clamp down on companies evading sanctions

11 Dec 2023

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British Foreign Secretary calls for frozen russian assets to be used to rebuild Ukraine

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Cameron called not only to freeze russian assets

07 Dec 2023

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More than 100 UK companies admit to breaching sanctions against russia

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Сompanies voluntarily stepped forward and cooperated with investigations

06 Nov 2023

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UK authorities refuse to issue additional licenses to pay Fridman's expenses

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The UK refused to issue Friedman a license to pay for personal driver and manage a house in London

17 Oct 2023

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UK explores using frozen russian assets to fund Ukraine defence

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Finance ministers around the world are discussing what else they can do besides sanctions to undermine russia's ability to pay for the war

14 Oct 2023

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UK imposes sanctions against russian officials related to "elections" in the occupied territories of Ukraine

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In total, the United Kingdom has imposed sanctions on 1,600 individuals and legal entities in response to russia's invasion

30 Sep 2023

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United Kingdom closes investigation into alleged sanctions evasion by Mikhail Fridman

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National Anti-Crime Agency suspends investigation into money laundering by Friedman for an indefinite period of time

16 Sep 2023

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Former petroleum businessman and close partner of Abramovich, Yevgeny Shvidler, has lost his sanctions case in the UK court

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The British court dismissed the appeal against sanctions against petroleum billionaire Yevgeny Shvidler and confiscated his assets, including 2 private jets

19 Aug 2023

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The UK is issuing licenses to russian oligarchs under sanctions

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The UK government has granted Mikhail Friedman a license for $400,000 to hold assets under sanctions

28 Jul 2023

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UK removes Russian bankers from sanctions list

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Russian oligarchs continue to circumvent international sanctions to keep assets abroad

25 Jul 2023

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Sanctions regime put to legal test in UK as russian oligarch Shvidler seeks release of assets

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Shvidler’s request for the release of his assets is the first case to reach the UK high court involving an individual

24 Jul 2023

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The UK government has banned the use of money received from the sale of Chelsea football club outside Ukraine

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The foundation will be able to receive money if it limits its activities to the "geographical borders of Ukraine"

04 Jul 2023

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Abramovich refuses to sign an agreement to donate 2.3 billion pounds to Ukraine from the sale of Chelsea

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Abramovich wants a portion of the proceeds from the sale of Chelsea Football Club to be spent to help "Russians who suffered from the war".

18 Jun 2023

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In Great Britain, an amendment was introduced that would allow confiscation of some assets of sanctioned persons

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. Lord Alton’s amendment aims to impose a duty to disclose funds and economic resources and enable asset recovery under the Proceeds of Crime Act where there has been deliberate…

10 May 2023

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UK sanctions Abramovich and Usmanov's financial fixers in crackdown on oligarch enablers

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New sanctions announced target those who have knowingly assisted sanctioned Russia oligarchs to hide their assets in complex financial networks.

12 Apr 2023

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Ukraine Aid From Chelsea Sale Delayed as Approval Process Drags

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A year on from the sale, funds remain frozen in a UK account Money planned to be used for humanitarian purposes in Ukraine

07 Apr 2023

United Kingdom