UK to maintain Russian sanctions until Ukraine compensated.

1 min read
Source: Reuters
UK to maintain Russian sanctions until Ukraine compensated.
Photo: Reuters
TL;DR Summary

The UK government has announced plans to tighten its sanctions policy against Russia, including introducing legislation to keep assets frozen until Moscow has agreed to pay compensation to Ukraine. The new measures will require any individual who has been designated under the sanctions to disclose assets held in Britain. The plans were announced as Britain prepares to host a Ukraine recovery conference this week. Since the invasion of Ukraine last year, Britain has frozen more than 18 billion pounds ($23 billion) in assets and sanctioned over 1,550 Russian individuals.

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