The Swiss Federal Council said that about 7.4 billion Swiss francs ($8.3 billion) of the Russian Central Bank’s assets are stored in the country’s banks. Description published area Council.
The Swiss government noted that since March 25, 2022, all operations related to the management of reserves and assets of the Central Bank of the Russian Federation have been banned in the country, therefore, the bank’s assets have been immobilized.
“This amount of inactive assets must be distinguished from the amount of frozen funds and assets in Switzerland (7.5 billion Swiss francs); The Swiss Federal Council is owned or controlled by sanctioned persons, companies or entities and their assets are subject to freezing in accordance with Article 15 of the Decree on Situational Measures in Ukraine.
At the same time, the body stressed that they are closely following European talks on the possible transfer of the frozen reserves of the Russian Central Bank to Ukraine.
April 19 at the Swiss Ministry of Finance declarationThat Byrne has no plans to join REPO, a Russian asset freeze group.
Previously reportedAs of December 1, 2022, assets of the Russian Federation worth 7.5 billion Swiss francs and 15 real estate objects in six cantons were blocked in Switzerland.