Dear friends, we continue to follow how Ukraine and the world are trying to make the aggressor pay for the war

Here is our selection of the most significant events of this week:

• In Ukraine, the Ministry of Justice is preparing an appeal against the court's refusal to confiscate some of the assets of collaborator Vladimir Saldo. Saldo owns these assets indirectly through his daughter.
• For the first time, the US Attorney General has allowed the transfer of confiscated Russian assets to Ukraine. This refers to the funds of Russian oligarch Konstantin Malofeev, which were confiscated by a US court on charges of sanctions evasion. They can be transferred to Ukraine under a budget amendment adopted in December 2022.
• Switzerland announced the amount of the Russian Central Bank's assets held in the country. The total amount of reserves and assets of the Central Bank of Russia held in Switzerland is approximately CHF 7.4 billion (EUR 7.58 billion). Since March 2022, all operations related to the management of the CBR's reserves and assets have been prohibited in Switzerland. This means that these assets have been immobilized.
• An amendment has been introduced in the UK that will allow for the confiscation of assets of sanctioned persons. In particular, it provides for the mandatory declaration of assets of such persons. If the transparency of such assets is not proved within six months, they can be confiscated on the grounds of sanctions evasion.

For more information on the situation with compensation for losses from the Russian invasion, please visit our confiscation tracker, an interactive website that displays up-to-date information on amounts, legislation, court decisions, and political positions on confiscation.