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War in Ukraine: UK to impose asset freeze against all major Russian banks • FRANCE 24 English

FRANCE24, 25 Feb 2022
Britain is freezing the UK assets of Russian titans in banking and arms manufacturing, Prime Minister Johnson has told parliament.

The raft of sanctions include asset freezes on “more than 100 new entities and individuals on top of the hundreds that we've already announced," said Johnson.

Here are some of the measures announced:

UK to ban Russian companies from its capital markets.

UK will announce an asset freeze against major Russian banks, including its second biggest bank, state-owned VTB.

UK to introduce legislation to limit deposits that Russian nationals can hold in UK bank accounts.

UK to lay legislation to prohibit wide range of high-tech exports to Russia, plus export to extractive industries.

UK to immediately suspend or prohibit all dual use export licenses to Russia.

UK to set up new cell in National Crime Agency to target sanctions evasion so oligarchs have nowhere to hide.

UK to ban Aeroflot aircraft from landing at its airports.
#Ukraine #Russia #Putin

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