All major Russian banks will have their assets frozen and will be excluded from the UK financial system. This will stop them from accessing sterling and clearing payments through the UK. This includes a full and immediate freeze of VTB bank
Legislation will stop major Russian companies and the state from raising finance or borrowing money on UK markets
Asset freezes will be put on 100 new individuals or entities
The Aeroflot airline will be banned from landing in the UK
There will be a suspension of dual use export licences to cover things which can be used for military purposes
Within days the UK will stop exports of hi-tech items and oil refinery equipment
There will be a limit on deposits Russians can make to UK bank accounts
He says there is potential to cut Russia out from Swift payments and "nothing is off the table"
Similar financial sanctions will be extended to Belarus for its role in the assault on Ukraine
The UK will bring forward parts of the economic crime bill before the Easter recess
Current Events » in reply to Seize their stuff.
This is what the UK are doing
The whole thread (23 posts)
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- Seize their stuff.
- Horrible.
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