Global Trade Alert
Global Trade Alert

United Kingdom: Government imposes sanctions on Russia-based JSC Bank Novikombank

Announcement

15 Dec 2023

In December 2023, the UK government announced sanctions against a Russian bank.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Dec 2023

Revocation date:

No revocation date

Announced: 15 Dec 2023
Controls on commercial transactions and investment instruments In force
On 15 December 2023, the UK Treasury issued a notice imposing sanctions on Russia-based JSC Bank Novikombank. The Financial Sanctions Implementation Office of HM Treasury has frozen the assets of this...
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