UK to keep Kremlin assets frozen until Russia pays compensation to Ukraine

Council of Europe has established digital register of damage as first step towards compensation mechanism

Britain is likely to keep Russian state assets immobilised for some time after the Ukraine war ends, and certainly until Moscow has agreed to pay compensation for the damage it has inflicted, British officials have confirmed.

The Council of Europe summit last week established a digital register of damage for Ukraine as the first step towards an international compensation mechanism for victims of Russian aggression.