Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the value is of the assets frozen under EU sanctions on targeted Burmese military and security personnel.

The Office of Financial Sanctions Implementation (OFSI) undertakes an annual review of frozen assets in the UK, requiring all persons or institutions that hold or control frozen assets in the UK to report to OFSI. Details of assets reported to OFSI in 2019 are not yet available and will be published in OFSI’s 2019-2020 Annual Review.

Details of assets reported to OFSI in 2018 were published in OFSI’s 2018-2019 Annual Review. As of September 2018, £11.9 billion of frozen funds across all regimes were reported to be held by UK institutions. This figure is provided on an aggregate basis so as not to indirectly disclose the value of funds held by particular individuals.