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Global Trade Alert

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United Kingdom: Government introduces new financial measures against Russia

Description

On 1 March 2022, the UK government announced sanctioning the Russian Direct Investment Fund (RDIF) and Sberbank due to Russia’s invasion of Ukraine. Specifically, the assets of RDIF and its chief exec...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

01 Mar 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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