Source: Central Bank of the Russian Federation press serviceQuote: "As a result of sanctions, part of the assets that belong to Russian banks ended up being completely blocked…Prospects of getting those assets back seem to be extremely low despite them not being seized at the moment from a legal standpoint… We can’t ignore their devaluation."Quote: "The regulations do not list any specific approaches to blocked assets yet, as this problem is new for banks on such a scale."In June, they approved the amendments to the Special Economic Measures Act which established a possibility of seizing and using Russian assets to help Ukraine.approved the amendment on seizing the assets of the Russian oligarchs and transferring them to Ukraine’s benefit.Ursula von der Leyen, the president of the European Commission, said at the end of November that the world had blocked €300 billion of the reserves of the Central Bank of Russia and froze €19 billion of Russian oligarchs."