Bloomberg writes about this with reference to a letter from lawyers that they sent to the G7 countries.

According to lawyers, the confiscation of frozen assets of a sovereign state “does not contradict” international law, since Russia allegedly violated it itself.

Earlier, the Russian leader’s press secretary, Dmitry Peskov, noted that the seizure of Russian assets by other countries is illegal and fraught with serious harmful consequences.

The head of the Central Bank, Elvira Nabiullina, warned that the confiscation of reserves of the Central Bank of Russia would send a bad signal to other central banks of the world and would lead to the undermining of the global financial system.