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How have sanctions against Russia changed since January 2025? Is US policy diverging from that of its allies?
How have sanctions against Russia changed since January 2025? Is US policy diverging from that of its allies?
To ask the Chancellor of the Exchequer, what estimate her Department has made of the number of specific licences granted by the Office of Financial Sanctions Implementation under the category of legal fees that permitted the use of frozen assets to (a) initiate and (b) pursue legal proceedings against UK...
To ask the Chancellor of the Exchequer, what estimate her Department has made of the number of specific licences granted by the Office of Financial Sanctions Implementation under the category of legal fees that permitted the use of frozen assets to (a) initiate and (b) pursue legal proceedings against UK...
The Office of Financial Sanctions Implementation does not hold data in a form that would allow it to identify how many legal fees licences have been granted permitting the use of frozen assets to fund legal action against UK citizens or residents.
Following an internal review commissioned by Treasury Ministers, the Government set out its position in a Written Ministerial Statement in January 2023, confirming that OFSI's legal fees licensing decisions must carefully balance the fundamental right to legal representation against the wider aims and purpose of sanctions. Whilst it remains for the Courts, not the Government, to decide whether legal claims should be permitted to succeed, the Government is clear that courts and the legal system must not be used by those seeking to silence investigations in the public interest.
As a result of the review, the Government committed to further targeted changes to the legal fees licensing process, introducing a presumption that applications for specific licences relating to defamation and similar cases will be rejected, and amending the Russian and Belarusian Legal Services General Licence so that it no longer authorises legal fees for such cases.
In parallel, the Government announced primary legislation tackling Strategic Lawsuits Against Public Participation (SLAPPs), including a statutory definition, an early dismissal process, and costs protection, and updated the delegation framework to make clear when Ministers, rather than officials, must take licensing decisions personally. That primary legislation has since been enacted. The Economic Crime and Corporate Transparency Act 2023, led by the Ministry of Justice, includes provisions specifically addressing SLAPPs, delivering on that commitment. The Act can be found here: Economic Crime and Corporate Transparency Act 2023.
To ask the Secretary of State for the Home Department, whether authorities in the UK have commenced the process of repatriating assets to Bangladesh previously frozen after being identified as proceeds of corruption.
To ask the Secretary of State for the Home Department, whether authorities in the UK have commenced the process of repatriating assets to Bangladesh previously frozen after being identified as proceeds of corruption.
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.
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.
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.
To ask the Chancellor of the Exchequer, what recent discussions she has had with Cabinet colleagues on the potential use of frozen Russian sovereign assets and funds from the sale of Chelsea Football Club to support Ukraine.
To ask the Chancellor of the Exchequer, what recent discussions she has had with Cabinet colleagues on the potential use of frozen Russian sovereign assets and funds from the sale of Chelsea Football Club to support Ukraine.
While I am unable to comment on private Cabinet or committee discussions, I can assure you that the Government is doing everything within its powers to ensure that the full proceeds from the sale of Chelsea Football Club are used for humanitarian purposes in Ukraine. As the Prime Minister, the Foreign Secretary, and the Chancellor have each made clear, we are committed to these funds reaching the people of Ukraine, who continue to face profound humanitarian need as a result of Russia’s ongoing aggression.
Separately, the government continues to consider ways in which Russia’s immobilised sovereign assets can be used to support Ukraine. The G7 has continued to commit to these assets remaining immobilised until Russia ends its war of aggression and pays reparations.
That this House commends and is humbled by the bravery displayed by Ukrainian soldiers and civilians as they defend their country against Vladimir Putin’s invasion, now into its fifth year; recognises that Ukraine’s sovereignty is non-negotiable, and that only the Ukrainian people have the right to determine their country’s future; believes that Ukraine’s security is Europe’s security, and that the UK must continue to do all it can to support Ukraine’s defence; welcomes the leadership which the UK has shown in supporting Ukraine, including through military supplies, humanitarian aid, and financial support; further welcomes the €90 billion loan being facilitated by the EU to Ukraine, enabling the purchase of more weapons to push back Russia’s invasion; acknowledges that £30 billion worth of frozen Russian assets are currently held in the UK; urges the Government to seize the frozen Russian assets across the UK and direct these assets towards supporting Ukraine’s defence and for humanitarian purposes; and calls on the Government to secure the UK’s participation in the EU’s new loan scheme to Ukraine.
That this House commends and is humbled by the bravery displayed by Ukrainian soldiers and civilians as they defend their country against Vladimir Putin’s invasion, now into its fifth year; recognises that Ukraine’s sovereignty is non-negotiable, and that only the Ukrainian people have the right to determine their country’s future;...
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what steps he is taking to identify, detain and seize vessels involved in transporting Russian oil in circumvention of international sanctions, including those operating as part of the so‑called shadow fleet; and what discussions his Department is holding...
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what steps he is taking to identify, detain and seize vessels involved in transporting Russian oil in circumvention of international sanctions, including those operating as part of the so‑called shadow fleet; and what discussions his Department is holding...
In response to the first question, I refer the Hon Member to the answers provided on 10 April in response to Question 123071, and on 28 January in response to Question 106997. In response to the second question, the UK and wider G7 countries have committed to ensuring that Russian sovereign assets remain immobilised across our jurisdictions until Russia ceases its war of aggression and pays for the damage it has caused to Ukraine. We will continue to work with international partners to ensure Ukraine gets the support it needs.
To ask His Majesty's Government what steps they have taken to permanently prevent ISIS from using their financial assets which have already been frozen.
To ask His Majesty's Government what steps they have taken to permanently prevent ISIS from using their financial assets which have already been frozen.
There are 255 individuals and 88 entities or groups designated under the ISIL (Da’esh) and Al-Qaida (United Nations Sanctions) (EU Exit) Regulations 2019. The UK funds and economic resources owned, held or controlled by persons listed under this regime are frozen.
UK persons are also prohibited from dealing with the assets of Designated Persons, either directly or indirectly. The Office of Financial Sanctions Implementation will continue to investigate any breaches of financial sanctions.
UK sanctions legislation does not provide powers to seize frozen assets. Assets owned or controlled by a designated person are frozen immediately by the person in possession or control of them and does not involve a change in ownership.
To ask His Majesty’s Government what plans they have to earmark a dedicated proportion of any future UK financial assistance, loans, or aid packages to Ukraine to finance reparation.
To ask His Majesty’s Government what plans they have to earmark a dedicated proportion of any future UK financial assistance, loans, or aid packages to Ukraine to finance reparation.
We remain committed to the principle that Russia should pay for the damage that it has caused. We will continue to co-ordinate with international partners to ensure that Ukraine gets the funding it needs. In December 2025, the United Kingdom signed the convention to establish an international claims commission for Ukraine. The commission will assess claims submitted under the register of damage to determine future compensation amounts to be repaid by Russia.
We remain committed to the principle that Russia should pay for the damage that it has caused. We will continue to co-ordinate with international partners to ensure that Ukraine gets the funding it needs. In December 2025, the United Kingdom signed the convention to establish an international claims commission for Ukraine. The commission will assess claims submitted under the register of damage to determine future compensation amounts to be repaid by Russia.
We remain committed to the principle that Russia should pay for the damage that it has caused. We will continue to co-ordinate with international partners to ensure that Ukraine gets the funding it needs. In December 2025, the United Kingdom signed the convention to establish an international claims commission for Ukraine. The commission will assess claims submitted under the register of damage to determine future compensation amounts to be repaid by Russia.
To ask His Majesty’s Government what plans they have to earmark a dedicated proportion of any future UK financial assistance, loans, or aid packages to Ukraine to finance reparation.
My Lords, the United Kingdom’s support package for Ukraine must include financial reparation for survivors of human rights abuses. Frozen Russian assets must be utilised to support this objective. The Government must continue to work with the G7 and the European Union. The Ukraine Facility provides the financing for Ukraine, upon satisfactory fulfilment of the conditions laid down in the Ukraine plan 2024-27. This sets up both the investment and the reform agenda for Ukraine, including the measures to strengthen the rule of law. Assistance must be linked to policy conditions, including assistance for the financing of compensation as a form of reparation to individuals who have suffered damage from the illegal actions of Russia.
My Lords, the United Kingdom’s support package for Ukraine must include financial reparation for survivors of human rights abuses. Frozen Russian assets must be utilised to support this objective. The Government must continue to work with the G7 and the European Union. The Ukraine Facility provides the financing for Ukraine, upon satisfactory fulfilment of the conditions laid down in the Ukraine plan 2024-27. This sets up both the investment and the reform agenda for Ukraine, including the measures to strengthen the rule of law. Assistance must be linked to policy conditions, including assistance for the financing of compensation as a form of reparation to individuals who have suffered damage from the illegal actions of Russia.
I agree with my noble friend, and that is why the register and the commission are vital parts of the role the UK is playing to support Ukraine.
I agree with my noble friend, and that is why the register and the commission are vital parts of the role the UK is playing to support Ukraine.
I agree with my noble friend, and that is why the register and the commission are vital parts of the role the UK is playing to support Ukraine.
My Lords, the United Kingdom’s support package for Ukraine must include financial reparation for survivors of human rights abuses. Frozen Russian assets must be utilised to support this objective. The Government must continue to work with the G7 and the European Union. The Ukraine Facility provides the financing for Ukraine, upon satisfactory fulfilment of the conditions laid down in the Ukraine plan 2024-27. This sets up both the investment and the reform agenda for Ukraine, including the measures to strengthen the rule of law. Assistance must be linked to policy conditions, including assistance for the financing of compensation as a form of reparation to individuals who have suffered damage from the illegal actions of Russia.
My Lords, as of late 2024, Ukraine’s Ministry of Culture has recorded at least 2,000 instances of damage to and looting of cultural sites and infrastructure—museums, libraries, religious sites, historical buildings and so on. Does the Minister agree that this wanton destruction of cultural heritage is a war crime and is a blatant act intended to destroy cultural identity and the distinct nationhood of Ukraine? If so, will the Government commit to ensuring that financial reparation will include restitution, repatriation and reconstruction of these cultural assets, which are so vital to Ukraine’s historic and future identity?
My Lords, as of late 2024, Ukraine’s Ministry of Culture has recorded at least 2,000 instances of damage to and looting of cultural sites and infrastructure—museums, libraries, religious sites, historical buildings and so on. Does the Minister agree that this wanton destruction of cultural heritage is a war crime and is a blatant act intended to destroy cultural identity and the distinct nationhood of Ukraine? If so, will the Government commit to ensuring that financial reparation will include restitution, repatriation and reconstruction of these cultural assets, which are so vital to Ukraine’s historic and future identity?
The noble Baroness draws our attention to an important aspect of this hideous war: the attack on Ukrainian identity. One of the ways this is put into effect is through the deliberate, wanton destruction of cultural artefacts. They can be registered, and decisions will be made; I think there are 130,000 registered acts that have been included so far, though obviously there are far more
that we can expect to be included. All of these things need to be considered, because this is not just about territory, it is about Ukrainian identity.
The noble Baroness draws our attention to an important aspect of this hideous war: the attack on Ukrainian identity. One of the ways this is put into effect is through the deliberate, wanton destruction of cultural artefacts. They can be registered, and decisions will be made; I think there are 130,000 registered acts that have been included so far, though obviously there are far more
that we can expect to be included. All of these things need to be considered, because this is not just about territory, it is about Ukrainian identity.
The noble Baroness draws our attention to an important aspect of this hideous war: the attack on Ukrainian identity. One of the ways this is put into effect is through the deliberate, wanton destruction of cultural artefacts. They can be registered, and decisions will be made; I think there are 130,000 registered acts that have been included so far, though obviously there are far more
that we can expect to be included. All of these things need to be considered, because this is not just about territory, it is about Ukrainian identity.
My Lords, as of late 2024, Ukraine’s Ministry of Culture has recorded at least 2,000 instances of damage to and looting of cultural sites and infrastructure—museums, libraries, religious sites, historical buildings and so on. Does the Minister agree that this wanton destruction of cultural heritage is a war crime and is a blatant act intended to destroy cultural identity and the distinct nationhood of Ukraine? If so, will the Government commit to ensuring that financial reparation will include restitution, repatriation and reconstruction of these cultural assets, which are so vital to Ukraine’s historic and future identity?
My Lords, does the Minister agree with me that we should not give up on the idea that the frozen Russian assets themselves should be used, rather than just making loans or payments on their behalf? They should be seen as a downpayment on the reparations that Russia will one day rightly have to pay.
While at the moment we clearly do not see the United States giving this conflict as much attention as we would like, I am sure the Minister has seen that the Ukrainians are inflicting record casualties on Russian troops through their brilliant use of drones. Does she agree that this proves this is a cause worth investing in and supporting, because the Ukrainians are in the right?
My Lords, does the Minister agree with me that we should not give up on the idea that the frozen Russian assets themselves should be used, rather than just making loans or payments on their behalf? They should be seen as a downpayment on the reparations that Russia will one day rightly have to pay.
While at the moment we clearly do not see the United States giving this conflict as much attention as we would like, I am sure the Minister has seen that the Ukrainians are inflicting record casualties on Russian troops through their brilliant use of drones. Does she agree that this proves this is a cause worth investing in and supporting, because the Ukrainians are in the right?
Absolutely. We have all declared many times in this Chamber and elsewhere our admiration and respect for the people of Ukraine, and our determination to stand by them. The noble Lord’s last point was really quite important; we must remain focused on Ukraine, despite what is happening elsewhere. The innovation and learning that the Ukrainian fighters have been able to glean from their heroic efforts will be absolutely vital in defending against drone attacks in other parts of the world.
Absolutely. We have all declared many times in this Chamber and elsewhere our admiration and respect for the people of Ukraine, and our determination to stand by them. The noble Lord’s last point was really quite important; we must remain focused on Ukraine, despite what is happening elsewhere. The innovation and learning that the Ukrainian fighters have been able to glean from their heroic efforts will be absolutely vital in defending against drone attacks in other parts of the world.
Absolutely. We have all declared many times in this Chamber and elsewhere our admiration and respect for the people of Ukraine, and our determination to stand by them. The noble Lord’s last point was really quite important; we must remain focused on Ukraine, despite what is happening elsewhere. The innovation and learning that the Ukrainian fighters have been able to glean from their heroic efforts will be absolutely vital in defending against drone attacks in other parts of the world.
My Lords, does the Minister agree with me that we should not give up on the idea that the frozen Russian assets themselves should be used, rather than just making loans or payments on their behalf? They should be seen as a downpayment on the reparations that Russia will one day rightly have to pay.
While at the moment we clearly do not see the United States giving this conflict as much attention as we would like, I am sure the Minister has seen that the Ukrainians are inflicting record casualties on Russian troops through their brilliant use of drones. Does she agree that this proves this is a cause worth investing in and supporting, because the Ukrainians are in the right?
My Lords, the excellent question the noble Lord, Lord Cameron of Chipping Norton, just asked the Minister was one that I asked him two years ago; regrettably, it is still a question that needs to be asked, however. The Government have now frozen upwards of £25 billion of Russian assets. Does the Minister agree that it would be inconceivable for the Putin regime to be rewarded by getting their assets back after all the horrors they have inflicted on the Ukrainian people? Should we not seize these funds and allow Ukraine to fight for its own sovereignty and repair the damage that has been inflicted on it?
My Lords, the excellent question the noble Lord, Lord Cameron of Chipping Norton, just asked the Minister was one that I asked him two years ago; regrettably, it is still a question that needs to be asked, however. The Government have now frozen upwards of £25 billion of Russian assets. Does the Minister agree that it would be inconceivable for the Putin regime to be rewarded by getting their assets back after all the horrors they have inflicted on the Ukrainian people? Should we not seize these funds and allow Ukraine to fight for its own sovereignty and repair the damage that has been inflicted on it?
I think that is pretty much impossible to conceive of. I know the noble Lord and my noble friend are aware of the current sanctions regime, under which we can freeze assets but not seize them. However, we need to make sure that, however it is done, Russia will pay the price for its illegal aggression in Ukraine.
I think that is pretty much impossible to conceive of. I know the noble Lord and my noble friend are aware of the current sanctions regime, under which we can freeze assets but not seize them. However, we need to make sure that, however it is done, Russia will pay the price for its illegal aggression in Ukraine.
I think that is pretty much impossible to conceive of. I know the noble Lord and my noble friend are aware of the current sanctions regime, under which we can freeze assets but not seize them. However, we need to make sure that, however it is done, Russia will pay the price for its illegal aggression in Ukraine.
My Lords, the excellent question the noble Lord, Lord Cameron of Chipping Norton, just asked the Minister was one that I asked him two years ago; regrettably, it is still a question that needs to be asked, however. The Government have now frozen upwards of £25 billion of Russian assets. Does the Minister agree that it would be inconceivable for the Putin regime to be rewarded by getting their assets back after all the horrors they have inflicted on the Ukrainian people? Should we not seize these funds and allow Ukraine to fight for its own sovereignty and repair the damage that has been inflicted on it?
My Lords, I agree with my noble friend the Minister that it will take careful work to construct an appropriate legal structure for the redirection of frozen assets in the future. In the meantime, what is happening to the interest?
My Lords, I agree with my noble friend the Minister that it will take careful work to construct an appropriate legal structure for the redirection of frozen assets in the future. In the meantime, what is happening to the interest?
: That is an interesting point. Any interest must be dealt with fairly and the principle that the aggressor pays must be maintained. On consideration of what is done with the interest, this is being dealt with differently and has been used to support loans to Ukraine. The fundamental
point that really matters is that it is Russia that needs to pay for the consequences of what it has chosen to do.
: That is an interesting point. Any interest must be dealt with fairly and the principle that the aggressor pays must be maintained. On consideration of what is done with the interest, this is being dealt with differently and has been used to support loans to Ukraine. The fundamental
point that really matters is that it is Russia that needs to pay for the consequences of what it has chosen to do.
: That is an interesting point. Any interest must be dealt with fairly and the principle that the aggressor pays must be maintained. On consideration of what is done with the interest, this is being dealt with differently and has been used to support loans to Ukraine. The fundamental
point that really matters is that it is Russia that needs to pay for the consequences of what it has chosen to do.
My Lords, I agree with my noble friend the Minister that it will take careful work to construct an appropriate legal structure for the redirection of frozen assets in the future. In the meantime, what is happening to the interest?