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Global Trade Alert

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EU: Three Russian banks and one technology company added to the frozen funds list as part of sanctions package

Description

On 23 February 2022, the EU adopted Council Regulation (EU) 2022/260 adding two Russian banks and one company to the list of entities whose funds and economic resources shall be frozen within the EU. ...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

23 Feb 2022

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Table

Affected Sectors

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Affected Products

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