EU targets greater powers to freeze and confiscate Russian Oligarch assets 

Mark Battersby
clock • 5 min read

The European Commission set out on 25 May its overarching plan for violations of sanctions to become a standardised crime across the bloc, with new proposals to reinforce asset recovery and enforcement rules in its continuing response to Russia's attack on Ukraine.  "While the Russian aggression on Ukraine is ongoing, it is paramount that EU restrictive measures are fully implemented, and the violation of those measures must not be allowed to pay off. Today's proposals aim to ensure that the assets of individuals and entities that violate the restrictive measures can be effectively confi...

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