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Tag: Frozen Assets

WRMC Statement: G7 to loan US$50 billion to Ukraine using profits from Russian frozen assets

Posted on June 13, 2024June 13, 2024 by WRMC in Anti-Corruption Task Force, Statement

The World Refugee & Migration Council (WRMC) welcomes the decision of the G7 to extend a 50 billion dollar loan to Ukraine, which will be underwritten by the earnings of Russian assets that have been frozen by G7 countries and the European Union.

Avoiding Direct Confiscation: A Bond-lien Guarantee Mechanism to Help Ukraine

Posted on April 18, 2024September 30, 2024 by WRMC in Anti-Corruption Task Force, Policy Brief, Publications

Instead of confiscating Russian assets, Western governments can use them as security for loans of equal value immediately to support Ukraine.

Russian Antonov An124 Volga-Dnepr 4 engine heavy lift cargo jet

How Canada Could Use Russian State Assets to Rebuild Ukraine

Posted on September 5, 2023November 14, 2023 by Robert Currie in Opinion

Robert Currie says regardless of the route, it is important that any Canadian effort to repurpose Russian assets is principled and lawful. In times when Russia’s own conduct has imperilled international rule of law, this is the appropriate and necessary response.

Repurposing Assets for the Forcibly Displaced

Posted on August 17, 2022June 21, 2023 by WRMC in Projects

Read about the WRMC’s work on repurposing frozen assets to assist those forcibly displaced by acts of grand corruption.

Frozen Russian Assets and the Reconstruction of Ukraine: Legal Options

Posted on July 26, 2022April 25, 2023 by WRMC in Anti-Corruption Task Force, Publications, Research Paper

This research paper assesses the four main legal options in dealing with frozen Russian assets: continued freezing, confiscation, private claims, and enforcement of a foreign judgement or international award.

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The World Refugee & Migration Council

The World Refugee & Migration Council offers bold strategic thinking about how the international community can comprehensively respond to refugees and the forcibly displaced through the principles of international cooperation and responsibility sharing. Council members include leaders, practitioners and innovators from developing and developed countries across the globe.

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The World Refugee & Migration Council

The World Refugee & Migration Council offers bold strategic thinking about how the international community can comprehensively respond to refugees and the forcibly displaced through the principles of international cooperation and responsibility sharing. Council members include leaders, practitioners and innovators from developing and developed countries across the globe.

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Latest posts

  • Canada must lead on supporting Ukraine with Russia’s frozen assets April 23, 2025
  • Pope Francis Leaves Legacy as Champion of Refugees and Migrants April 21, 2025
  • Keeping Business Clean: Combatting Corruption in a World of Change — Toronto Roundtable April 15, 2025
  • Lloyd Axworthy Receives Metropolis Canada Policy Maker Award March 17, 2025
  • Responding to Climate-Induced Transnational Migration: An Action Plan February 28, 2025