Global Trade Alert
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 forbidding the provision of specialised financial messaging services used to exchange financial data to the following three...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

20 Mar 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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Affected Sectors

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Affected Products

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