Compliance & Anti-Financial Crime
Leadership | Insight | Network

Financial Crime, Sanctions, UK

NEWS: UK freezes Russian assets worth £18BN (€21BN) over Ukraine invasion

By Alisha Houlihan for AMLi

The UK Government has frozen a total of £18.4M (€21M) in Russian assets, following Moscow’s invasion of Ukraine in February.

On Thursday, the Office of Financial Sanctions Implementation (OFSI) announced it represented about £6BN (€6.8M) more than what was held against all other sanctioned regimes, reports Bloomberg.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!