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United Kingdom · Question · Written question

UIN 24618

Russia: Sanctions

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

24 June 2022

Last action

29 June 2022 · Answer

Status

Answered

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Subjects

Discovery layer

Source updated

29 June 2022

Summary

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, if she will make an assessment of the implications for the effectiveness of the Government's policies on sanctions against Russia of the potential use of proceeds accruing to

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Timeline

  1. 24 June 2022

    Written question

    To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, if she will make an assessment of the implications for the effectiveness of the Government's policies on sanctions against Russia of the potential use of proceeds accruing to

    Source: Commons

  2. 29 June 2022

    Answer

    We assess that the National Bank Trust is owned by the Central Bank of Russia (CBR). The CBR is subject to a ban on the provision of financial services for the purposes of foreign exchange and asset management.

    Source: Written answer

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