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Written question asked by Gregory Campbell (Democratic Unionist Party) on Tuesday, 7 July 2026, in the House of Commons. It was due for an answer on Monday, 13 July 2026 (named day). It was answered by Rachel Blake (Labour) on Monday, 13 July 2026 on behalf of the Treasury.


Freezing of Assets: Libya

Question

To ask the Chancellor of the Exchequer, what estimate the Office for Financial Sanctions Implementation has made of any changes to the valuation of Libyan frozen assets in the past eighteen months.

Answer

The Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, published in its 2024-2025 Annual Review that over £12.9 billion of assets relating to the Libya sanctions regime have been reported as frozen as of September 2024. This is an aggregated total of all entities and individuals listed on the Consolidated List of Financial Sanctions Targets.

OFSI’s next Annual Review is due to be published later in 2026.


Secondary information

Type
Written question
Reference
16378
Session
2026-27
Subjects
Libya Valuation Freezing of assets Office of Financial Sanctions Implementation
Contains statistics
Yes
Link
View this Written question on www.parliament.uk