Global Trade Alert
Global Trade Alert

United Kingdom: UK government announces sanctions on ‘selected Russian banks’

Announcement

26 Feb 2022

In February 2022, the U.S. Administration announced that it will forbid selected Russian banks from using services provided by SWIFT.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Feb 2022

Revocation date:

No revocation date

Updated: 26 Feb 2022
Controls on commercial transactions and investment instruments In force
<p>On 26 February 2022, the UK government announced a joint statement with G7 countries and the European Union introducing economic sanctions on Russia in response to their invasion of Ukraine. ...
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