Financial Services: Russia
Commons · Question 50561 · Tabled 7 May 2025 · Treasury · Official record
Answered 15 May 2025
Question
Asked by Daisy Cooper
To ask the Chancellor of the Exchequer, what the total value is of (a) funds, (b) near cash assets and (c) other financial instruments held by (i) the Bank of England and (ii) other UK licensed financial institutions for (A) the Central Bank of Russia, (B
Answer
Answered by Emma Reynolds, 15 May 2025
The Office for Financial Sanctions Implementation (OFSI), part of HM Treasury, published in its annual review that £25.03 billion in assets relating to the Russia sanctions regime have been reported as frozen between February 2022 and December 2024. This ...