Freezing of Assets
Commons · Question 41838 · Tabled 27 Mar 2025 · Foreign, Commonwealth and Development Office · Official record
Answered 8 Apr 2025
Question
Asked by Wendy Morton
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, whether his Department has faced legal challenge on the use of assets derived from sanctioned (a) individuals and (b) entities.
Answer
Answered by Stephen Doughty, 8 Apr 2025
UK financial sanctions limit the provision of certain financial services and restrict access to financial markets, funds, and economic resources. Financial sanctions do not involve a change in ownership of the frozen funds, or economic resources, nor are ...