Global Trade Alert
Global Trade Alert

United States of America: U.S. Treasury announces sanctions to curb Russia’s use of international financial system

Announcement

21 Nov 2024

In November 2024, the U.S. Department of Treasury imposed sanctions on financial entities to curb Russia’s use of the international financial system. 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

21 Nov 2024

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

On 21 November 2024, the U.S. Department of the Treasury imposed sanctions on more than 90 Russian financial institutions, aiming to curb Russia’s sanctions evasion efforts and limit funding for its m...

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Controls on commercial transactions and investment instruments In force

On 21 November 2024, the U.S. Department of the Treasury imposed sanctions on six foreign subsidiaries of Gazprombank. As a result of this decision, these entities have been added to the Office of For...

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