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- UK announces new Russia sanctions: Immediate asset freeze on all major Russian banks
UK announces new Russia sanctions: Immediate asset freeze on all major Russian banks
UK PM Boris Johnson announced a raft of new sanctions against Russia in the UK parliament:
- UK to impose an asset freeze against all major Russian banks, including an immediate asset freeze against VTB.
- UK to bring in legislation to prohibit the Russian state from raising sovereign debt.
- UK on Tuesday to bring in legislation to prohibit all major Russian companies from raising finance of UK markets.
- UK to introduce legislation to limit deposits that Russian nationals can hold in UK bank accounts.
- UK will look to extend the full range of sanctions measures against Belarus.
- UK to sanction over 100 individuals, entities and subsidiaries.
- UK to ban aeroflot aircraft from landing in the UK.
- UK to immediately suspend or prohibit all dual-use export licenses to Russia.
- UK to lay legislation to prohibit a wide range of high tech exports to Russia, plus exports to the extractive industry.
On SWIFT, Johnson said that nothing is off of the table.
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