Hot War and Cold Freezes - Targeting Russian Central Bank Assets
Goldmann, Matthias
Author
aut
Text
xx#
2022
Verfassungsblog
2022-02-28
eng
In light of mounting pressure to take effective action against Putin, the European Commission and six states (UK, USA, Canada, Germany, France, Italy) agreed last Saturday on yet another bundle of sanctions against Russia. Some of them had been expected, like the exclusion of Russian banks from SWIFT. Others like the freezing of central bank assets came as a bit of a surprise, allegedly even for Vladimir Putin. He should have watched the news more carefully. The United States did the exact same thing to Afghan central bank assets after the Taliban takeover last year. The purpose of this note is to explore the practical and legal implications of this freeze.
CC BY-SA 4.0
Goldmann, Matthias
Asset Freeze
Central Bank of Russia
Russian War against Ukraine
Sanctions
342
https://verfassungsblog.de/hot-war-and-cold-freezes/
Verfassungsblog
2366-7044
Max Steinbeis Verfassungsblog gGmbH
10.17176/20220301-001108-0
220228
10.17176/20220301-001108-0
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