The official version of this document can be found via the PDF button.
The below content has been automatically generated from the original PDF and some formatting may have been lost, therefore it should not be relied upon to extract citations or propose amendments.
WQ.84/2025
WRITTEN QUESTION TO THE MINISTER FOR EXTERNAL RELATIONS
BY DEPUTY M. TADIER OF ST. BRELADE
QUESTION SUBMITTED ON MONDAY 3rd MARCH 2025 ANSWER TO BE TABLED ON MONDAY 10th MARCH 2025
Question
"Will the Minister confirm what powers, if any, Jersey has to spend, donate or loan the capital (or any related interest) from any frozen Russian assets that have either been frozen by Jersey directly or are held in Jersey?"
Answer
There are no powers under the Sanctions and Asset-Freezing (Jersey) Law 2019 or otherwise that would allow Jersey to seize (or otherwise spend, donate or loan etc.) frozen assets. These assets still legally belong to the legal owner, even if they might be subject to an asset-freeze.