27.02.2023 | Asset Recovery
FCPA Blog: How seizing sanctioned assets can strengthen the rule of law
This blog was originally published on the FCPA Blog, which was discontinued in February 2024.
Hundreds of billions of dollars of Russian assets sit frozen in bank accounts, buildings, and harbours, thanks to the unprecedented financial sanctions rolled out since the full-scale invasion of Ukraine on February 2022. Understandably, states holding large quantities of Russian assets are…