The UK authorities plan to compel legal entities and individuals who own the assets of the Bank of Russia, the Ministry of Finance of the Russian Federation and the National Welfare Fund in the country to disclose data about them to the British Treasury. This has been reported parliament website United Kingdom.
Anne-Marie Trevelyan, UK Foreign Office and International Development official, said such actions would increase knowledge of the whereabouts of Russian assets and provide an opportunity to limit the avoidance of sanctions.
He claims that British restrictions have affected more than 1.6 thousand Russian and Russian Federation companies, as well as several dozen banks with assets of around £1 trillion. In addition, the UK has sanctioned more than 130 oligarchs and their frozen assets amounted to £18 billion.
Prior to that, Lev Khasis, former First Vice President of Sberbank expelled From the British sanctions list.
Former US Treasury extended sanctions against Russia.