Written Question·Treasury·UIN 122339

Eurasian Resources Group

Tabled: 19 March 2026
Answered: 24 March 2026
Named Day

Question

Dr Neil Shastri-Hurst

ConservativeSolihull West and Shirley

To ask the Chancellor of the Exchequer, what steps she is taking to monitor the proposed involvement of UK listed firms in a takeover of Eurasian Resources Group to ensure no benefit to sanctioned Russian entities.

Answer

Lucy Rigby
The Russia regulations prohibit the making available of funds or economic resources to a designated person without a licence. They also prohibit the provision of certain services to designated persons and persons connected with Russia. UK financial sancti...

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