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Global Trade Alert

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United Kingdom: Government announces a set of sanctions against Russia due to Russia’s invasion of Ukraine

Description

On 24 February 2022, the UK government announced a set of economic measures against Russia in response to the current events in Ukraine. Specifically, Russian designated banks are prohibited from acce...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

24 Feb 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Outward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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