https://www.taxtmi.com/news?id=37602 Western states are considering converting frozen Russian central bank reserves into funds for Ukraine's support and reconstruction; proponents urge confiscation of principal, while opponents argue seizure would violate protections for central bank reserves, destabilise markets and remove leverage in peace negotiations. The legal core is whether confiscation can be justified as a lawful countermeasure or whether established immunity of sovereign reserves and the need for formal international authority preclude such action. en-us Tue, 18 Mar 2025 09:46:02 +0530 Tue, 18 Mar 2025 09:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=37602 Western states are considering converting frozen Russian central bank reserves into funds for Ukraine's support and reconstruction; proponents urge confiscation of principal, while opponents argue seizure would violate protections for central bank reserves, destabilise markets and remove leverage in peace negotiations. The legal core is whether confiscation can be justified as a lawful countermeasure or whether established immunity of sovereign reserves and the need for formal international authority preclude such action. News - Tue, 18 Mar 2025 09:46:02 +0530 https://www.taxtmi.com/news?id=37602