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Global Trade Alert

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EU: Additional financial sanctions on Belarus, including on its Central Bank and the exclusion of 3 banks from SWIFT

Description

On 9 March 2022, the European Union adopted Council Regulation (EU) 2022/398 setting up additional financial restrictions on Belarusian entities in the context of its involvement in the Russian attack...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

10 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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