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Global Trade Alert

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EU: Financial entities forbidden from processing transactions of the Russian Central Bank

Description

On 28 February 2022, the European Union adopted Council Decision (CFSP) 2022/335 prohibiting transactions with or of the Russian Central Bank or any entity acting on its behalf. In particular, the mea...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

28 Mar 2022

Revocation date

No revocation date

Implementation level

Supranational

Affected flow

Outward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Products

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