Ukrainian authorities will not receive profits from Russia’s frozen assets in the EU for 2023, since there is no legal mechanism for this. The Euroclear depository holds €4 billion in profits from frozen Russian assets.
According to the head of the analytical department of the BKF bank, Maxim Osadchy, the transfer of these funds to Kyiv does not comply with international standards. The Russian side may respond by confiscating the assets of non-residents from unfriendly countries.