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Global Trade Alert

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EU: Exclusion of the Belarusian Bank for Development and Reconstruction from the SWIFT payment system

Description

On 3 June 2022, the European Union adopted Council Regulation (EU) 2022/877 forbidding the provision of specialised financial messaging services used to exchange financial data to the Belarusian Bank ...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

14 Jun 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 Products

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