Written Question·Treasury·UIN 50561

Financial Services: Russia

Tabled: 7 May 2025

Answered: 15 May 2025

Question

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

Emma Reynolds

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 ...

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