Iran: Freezing of Assets
The question
To ask the Chancellor of the Exchequer, what estimate her Department has made of the value of frozen Iranian assets held in the UK.
Answered by Lucy Rigby
The Office of Financial Sanctions Implementation (OFSI), part of HM Treasury published in its 2024-2025 Annual Review that £19.3 million in assets across multiple sanctions regimes have been reported as frozen as of September 2024.
This is an aggregated total of all entities and individuals listed on the Consolidated List of Financial Sanctions Targets under non specified regimes including the Iran and Iran (Nuclear) regimes.
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