Announcement
23 Feb 2022
In February 2022, the EU banned the provision of financial services to the Russian government and Central Bank. The measure forms part of the first sanctions package against Russia in the context of the attack on Ukraine.
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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 European Union adopted Council Regulation (EU) 2022/262 introducing a sectoral prohibition to finance the Russian government and Central Bank. In particular, the regulation pr...
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Related State Acts
23 Feb 2022
EU: Trade restrictions with Ukraine's non-government-controlled regions of Donetsk and Luhansk
23 Feb 2022
EU: Three Russian banks and one technology company added to the frozen funds list as part of sanctions package
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28 Feb 2022
EU: Russian insurance company SOGAZ added to the frozen funds list
28 Feb 2022
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28 Feb 2022
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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
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EU: Export ban on certain maritime technologies to Russia
09 Mar 2022
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15 Mar 2022
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08 Apr 2022
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08 Apr 2022
EU: Commission adds 4 Russian banks and 14 other companies to the frozen funds list
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