United Kingdom · Question · Written question
UIN 4500
Russia: Sanctions
Original
Introduced
5 September 2024
Last action
17 September 2024 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
17 September 2024
Summary
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what his policy is on the ownership of interests in UK oil and gas companies by sanctioned Russians.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
5 September 2024
Written question
To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, what his policy is on the ownership of interests in UK oil and gas companies by sanctioned Russians.
Source: Commons
17 September 2024
Answer
If the UK sanctions an individual, their UK assets are frozen. Sanctioned individuals cannot access frozen funds or obtain any financial benefit (including from ownership of interests in UK companies) without HMT/OFSI granting a licence.Additionally, the ...
Source: Written answer
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- · Foreign, Commonwealth and Development Office · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2024-09-05/4500
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1727596
- uk · wq-1727596 · source updated 17 September 2024