EU Court Allows Freezing Russian Assets Held in Trusts
The EU Court of Justice ruled that assets linked to sanctioned Russians can be frozen even if held by trusts. This aims to stop any circumvention of sanctions.
Xurve View
Xurve View
The European Court of Justice ruled the EU can freeze Russia-linked assets held by trusts even without direct legal ownership. The decision targets assets controlled indirectly to prevent the circumvention of sanctions related to the war in Ukraine. Investors using complex ownership structures face higher seizure risks as the EU broadens its definition of asset control.
