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Russia: Sequestration of Assets

Question for Foreign, Commonwealth and Development Office

UIN HL6921, tabled on 14 March 2022

To ask Her Majesty's Government what steps they are taking to make available confiscated Russian assets to victims of the war in Ukraine.

Answered on

28 March 2022

HMG is exploring what options there may be to use sanctioned assets, including real estate. Michael Gove, Secretary of State for the Department for Levelling Up, Housing and Communities, has committed to exploring an option that would allow the use of homes and properties of sanctioned individuals for as long as they are sanctioned, for humanitarian and other purposes. The UK is also supporting Ukrainian refugees through the Homes for Ukraine Scheme. The Home Office has also exceptionally introduced some concessions in the Family Migration route to assist immediate family members of British Nationals normally living in Ukraine with their British national family member, who intend to return to or relocate to the UK with their British National family member.