Global Trade Alert
Global Trade Alert

United States of America: Department of Treasury imposes full blocking sanctions on Russian Sberbank and Alfa-Bank

Announcement

06 Apr 2022

In April 2022, the U.S. Department of Treasury announced the imposition of full blocking sanctions on Sberbank and Alfa-Bank as well as their subsidiaries.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

06 Apr 2022

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

On 6 April 2022, the U.S. Department of Treasury announced imposing new sanctions against Russia due to their atrocities in Ukraine. Specifically, the U.S. Department of the Treasury’s Office of Forei...

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