Global Trade Alert
Global Trade Alert

EU: Three Russian banks and one technology company added to the frozen funds list as part of sanctions package

Announcement

23 Feb 2022

In February 2022, the EU adopted a first sanctions package against Russia and two Ukrainian separatist regions of Donetsk and Luhansk oblasts. The package includes a series of capital control and financial restrictions on four Russian entities (three banks and one company).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

23 Feb 2022

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

On 23 February 2022, the EU adopted Council Regulation (EU) 2022/260 adding two Russian banks and one company to the list of entities whose funds and economic resources shall be frozen within the EU. ...

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Related State Acts

23 Feb 2022

EU: Trade restrictions with Ukraine's non-government-controlled regions of Donetsk and Luhansk

25 Feb 2022

EU: Inclusion of 27 Belarusian companies in the frozen funds list following the attack on Ukraine

25 Feb 2022

EU: Prohibition to provide financial services to 76 Russian entities

25 Feb 2022

EU: Export ban on dual-use, oil refining and aviation goods and technology to Russia

28 Feb 2022

EU: Russian carriers banned from EU airspace

28 Feb 2022

EU: Russian insurance company SOGAZ added to the frozen funds list

28 Feb 2022

EU: Financial entities forbidden from processing transactions of the Russian Central Bank

23 Feb 2022

EU: Prohibition to provide financial services to the Russian government and Central Bank

28 Feb 2022

Switzerland: Introduction of sanctions against separatist regions Donetsk and Luhansk in Ukraine and against Russia

25 Feb 2022

Switzerland: Three Russian banks and a tech company put on sanctions list resulting in asset freezes

02 Mar 2022

EU: Additional financial sanctions on Russia, including the exclusion of 7 banks from the SWIFT paying system

02 Mar 2022

EU: Suspension of broadcasting activities of Russian state-owned Sputnik and RT

02 Mar 2022

EU: Further trade restrictions on Belarus includes export and import bans on several products

09 Mar 2022

EU: Export ban on certain maritime technologies to Russia

09 Mar 2022

EU: Additional financial sanctions on Belarus, including on its Central Bank and the exclusion of 3 banks from SWIFT

06 Mar 2022

Republic of Korea: Government imposes export controls on Belarus

15 Mar 2022

EU: Inclusion of 9 Russian companies into the frozen fund list

15 Mar 2022

EU: Further trade restrictions with Russia on steel and iron products, luxury goods and other financial sanctions

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