The article examines the introduction of the asset confiscation procedure in Ukraine, EU and partner countries (Canada, USA).

The legal nature and specifics of personal sanctions such as blocking and confiscation of assets, the grounds and procedure for applying personal sanctions: blocking and confiscation of assets are determined. The hypothesis that personal sanctions (blocking and confiscation of assets) belong to the non-conviction based asset forfeiture is substantiated. Blocking and confiscation of assets are marked on the property base of the sanctioned person, limit property rights and economic interests by depriving the right to use and dispose of the asset (blocking of assets) or deprivation of the right to ownership, property and non-property rights (forfeiture of assets), cause certain organizational complications, in particular, the inability to carry out individual operations or economic activity as a whole. They are applied in accordance with the procedure established by law by a specially authorized state body (according to the decision of the National Security and Defense Council of Ukraine, put into effect by the decree of the President of Ukraine, and the confiscation of assets – according to the Supreme Anti-Corruption Court decision). Such measures are an extraordinary (exceptional). The basis for their application is the actions of a natural or legal person: causing significant damage to the national security, sovereignty or territorial integrity of Ukraine or significantly contributing to the commission of such actions.

A special subject composition of personal sanctions has been defined, which are applied to legal entities (foreign entities and persons under the control of a foreign legal entity) and natural persons (non-residents, residents, stateless persons), as well as entities that carry out or contribute to the terrorist activities of the aggressor country or by their actions created a significant threat to the national security, sovereignty and territorial integrity of Ukraine or contributed to terrorist activities. Assets of foreign countries are not subject of the assets confiscation according to the Law of Ukraine “On Sanctions”; the norms of a special law are applied for their confiscation.

 Blocking and confiscation of assets should be applied taking into account the impact on the right to peaceful possession of property (Article 1 of Protocol No. 1 to the ECHR), the right to a fair trial (Article 6 of the ECHR), the right to respect for personal and family life (Article 8 of the ECHR), the right to an effective remedy (Article 13 of the ECHR). Exceptional circumstances (compensation for war losses), proper legal regulation and qualitative reasoning of court decisions taking into account the person and the circumstances of the case, the evidence base, effective judicial control over the validity of the grounds for the application of personal sanctions and the ownership of assets by the sanctioned person, as well as the right to appeal the application of personal sanctions will be the basis for the positive practice for Ukraine in the ECHR resolution of such disputes.

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