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Reuters
Reuters
Business

German govt in talks on asset disclosure for sanctioned persons - minister

Christian Lindner Finance Germany
Finance Minister Christian Lindner addresses the media during a news conference following a special German cabinet meeting at the government's guest house Schloss Meseberg in Meseberg, Gransee, Germany May 4, 2022. REUTERS/Michele Tantussi

German Finance Minister Christian Lindner said the government is looking into whether sanctioned persons could be legally obligated to disclose what assets they have in Germany.

A new sanctions instrument to this effect is currently being discussed, said Lindner on Wednesday during a joint news conference with Chancellor Olaf Scholz and Finance Minister Christian Lindner.

(Reporting by Miranda Murray, Joseph Nasr and Rachel More; Editing by Riham Alkousaa)

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