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United Kingdom · Question · Written question

UIN 34855

National Bank Trust: Sanctions

Original

answeredUnited Kingdom· UK Parliament· EN

Introduced

12 July 2022

Last action

15 July 2022 · Answer

Status

Answered

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Discovery layer

Source updated

15 July 2022

Summary

To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, pursuant to the Answer of 20 June 2022 to Question 18944 on National Bank Trust: Sanctions, for what reason the Government has not taken steps to sanction National Bank Trust

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Timeline

  1. 12 July 2022

    Written question

    To ask the Secretary of State for Foreign, Commonwealth and Development Affairs, pursuant to the Answer of 20 June 2022 to Question 18944 on National Bank Trust: Sanctions, for what reason the Government has not taken steps to sanction National Bank Trust

    Source: Commons

  2. 15 July 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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