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Description
On 12 March 2022, the South Korean Ministry of Economy and Finance (MOEF) implemented financial sanctions against six Russian commercial banks from the SWIFT paying system. More specifically, the inst...
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Intervention Details
Intervention Type
Controls on commercial transactions and investment instruments
MAST Chapter
Capital control measures
Implementation date
12 Mar 2022
Revocation date
No revocation date
Implementation level
National
Affected flow
Outward
Announced as temporary
No
Eligible firms
firm-specific
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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