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Global Trade Alert

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United Kingdom: Government imposes sanctions on Russia’s sanctions evasion networks

Description

On 12 April 2023, the UK government announced sanctions against certain Russia’s sanctions evasion networks. Sanctioned entities are said to have helped sanctioned Russian oligarchs hide their assets....

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

12 Apr 2023

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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Table

Affected Sectors

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Affected Products

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