header-logo header-logo

NLJ this week: Oligarchs, confiscated assets & the future of Kyiv

24 March 2023
Issue: 8018 / Categories: Legal News , International justice , Sanctions , Rule of law
printer mail-detail
115856
Could seized sanctions assets be used to fund the reconstruction of Ukraine? It’s a fascinating question. 

In this week’s NLJ, Maria Nizzero writes that ‘policymakers have expressed increased interest in freezing, seizing, but also repurposing the sanctioned assets, including those of the so-called “oligarchs”, for the benefit of Kyiv’.

Nizzero, a research fellow at RUSI’s Centre for Financial Crime and Security Studies, points out, however, there are ‘inherent limitations’ in this plan, before setting out some of the complexities, obstacles and potential routes around the obstacles.

She writes: ‘Choosing to prioritise the strengthening of the sanctions regime is not a Sophie’s choice for policymakers: bolstering the response to sanctions evasion now does not imply that permanent confiscation of other Russian sanctioned assets cannot be achieved.’ 

Read more on this subject here.

MOVERS & SHAKERS

Gilson Gray—Linda Pope

Gilson Gray—Linda Pope

Partner joins family law team inLondon

Jackson Lees Group—five promotions

Jackson Lees Group—five promotions

Private client division announces five new partners

Taylor Wessing—Max Millington

Taylor Wessing—Max Millington

Banking and finance team welcomes partner in London

NEWS
The landmark Supreme Court’s decision in Johnson v FirstRand Bank Ltd—along with Rukhadze v Recovery Partners—redefine fiduciary duties in commercial fraud. Writing in NLJ this week, Mary Young of Kingsley Napley analyses the implications of the rulings
Barristers Ben Keith of 5 St Andrew’s Hill and Rhys Davies of Temple Garden Chambers use the arrest of Simon Leviev—the so-called Tinder Swindler—to explore the realities of Interpol red notices, in this week's NLJ
Mazur v Charles Russell Speechlys [2025] has upended assumptions about who may conduct litigation, warn Kevin Latham and Fraser Barnstaple of Kings Chambers in this week's NLJ. But is it as catastrophic as first feared?
Lord Sales has been appointed to become the Deputy President of the Supreme Court after Lord Hodge retires at the end of the year
Limited liability partnerships (LLPs) are reportedly in the firing line in Chancellor Rachel Reeves upcoming Autumn budget
back-to-top-scroll