Federal Council has received legal clarifications on frozen Russian assets
Bern, 15.2.2023 - In the context of international proposals to use frozen Russian assets to rebuild Ukraine, the Federal Council sought official clarification on the legal basis for any such action. A working group led by the Federal Office of Justice (FOJ) concluded that the confiscation of private Russian assets would undermine the Federal Constitution and the prevailing legal order. The Federal Council noted the working group’s conclusions at its meeting on 15 February. Support for Ukraine will continue, independent of the discussions on frozen assets.