Andrey Lugvoy and Dmitri Kovtun Freezing Order 2020 Debate

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Department: HM Treasury

Fiona Bruce

Main Page: Fiona Bruce (Conservative - Congleton)

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Mon 3rd Feb 2020
Draft Public Bodies (Abolition of Public Works Loan Commissioners) Order 2019

Andrey Lugvoy and Dmitri Kovtun Freezing Order 2020

Fiona Bruce Excerpts

Draft Northamptonshire (Structural Changes) Order 2019
Monday 10th February 2020

(4 years, 9 months ago)

General Committees
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Fiona Bruce Portrait Fiona Bruce (Congleton) (Con)
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I have a question for the Minister. Does the definition of

“financial assets and economic benefits of any kind”

include real property—land, in other words? If so, how is that treated as frozen? For example, many Russians have bought property in London. If they are unable to deal with that property in any way, there may be a risk of deterioration, which will affect the neighbourhood. How does the Treasury deal with the freezing of such assets?

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