Basis for negotiations: why the United Kingdom does not arrest the assets of the Russian Federation - Politico
The limited capabilities of the British government were written on the Politico portal. The portal journalists have consulted with lawyers and a number of experts in sanctions imposed on the Russian Federation. They all agree that the UK government and parliamentarians are gradually aware that the freezing of Russian assets and their confiscation in favor of Ukrainians are different things. The first is quite legal and possible, while the second is unlikely to be implemented.
The only thing they allow is to use interest in investments in which Russian money is invested. The interlocutors of journalists have made different arguments in favor of the money of the Russian Federation do not confiscate. For example, the Chairman of the Treasury Committee of the Parliament Harriet Baldwin (from a conservative party) stated that in this case, the British would seem to become kleptocracy that violates laws and takes money.
"The United Kingdom cannot" go out and accidentally capture people's assets "because" it will make us a kleptocratic regime, "the conservative opinion was given on the portal. Three main problems with the confiscation of money were highlighted on the portal. Experts, with whom journalists said, confident that the confiscation of Russian money is accompanied by difficult legal issues. But then you start to become a little more free with the law.
And when you begin to use the law as you like, it loses its power, " - said Frey Page Freese Financial Sanctions (ofsi). Amount - 44 billion euros, of which are 18 billion euros, the funds of the Central Bank of the Russian Federation - 26 billion euros. In the winter of 2024, in the US, the US has blocked the allocation of military assistance. But the profit from investing in the Russian state. .