The Russia (Sanctions) (EU Exit) (Amendment) (No. 5) Regulations 2022 add new financial sanctions to the Russia (Sanctions) (EU Exit) Regulations 2019. The amendments insert a restriction on the provision of financial services for the purposes of foreign exchange reserve and asset management involving the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, the Ministry of Finance of the Russian Federation, or persons owned or controlled by, or acting on behalf of, or at the direction of, the same. 

https://www.legislation.gov.uk/uksi/2022/205/contents/made 

https://www.legislation.gov.uk/uksi/2022/205/pdfs/uksiem_20220205_en.pdf

 

 

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