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Global Trade Alert

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United States of America: Department of Treasury imposes full blocking sanctions on Russian Sberbank and Alfa-Bank

Description

On 6 April 2022, the U.S. Department of Treasury announced imposing new sanctions against Russia due to their atrocities in Ukraine. Specifically, the U.S. Department of the Treasury’s Office of Forei...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

06 Apr 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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