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commonslibrary.parliament.uk Research Briefing By Claire Mills 22 March 2023 Sanctions against Russia Summary 1 The UK sanctions regime prior to 2022 2 What prompted fresh sanctions? 3 What sanctions is the UK imposing? 4 Coordinating with allies 5 Imposition of third country secondary sanctions

• Cover
• Summary
• 2014 sanctions
• 2022 Ukraine conflict
• 1 The UK sanctions regime prior to 2022
• Russia: Financial and trade sanctions
• Magnitsky sanctions
• Global anti-corruption sanctions regime
• Chemical weapons sanctions regime
• Cyber sanctions regime
• 2 What prompted fresh sanctions?
• 3 What sanctions is the UK imposing?
• 3.1 First tranche of sanctions
• 3.2 Second tranche of sanctions
• 3.3 A rolling programme of sanctions
• Calls for broader measures
• Putin, Lavrov and family members sanctioned
• Putin's inner circle sanctioned
• Russian military leaders
• Financial sanctions
• Exclusion from SWIFT
• Restrictions on the Russian Central Bank
• Further sanctions on financial institutions
• Cryptocurrencies
• Obtaining finance from multilateral institutions
• UK outward investment in Russia
• Restrictions on the export of banknotes
• Transport sanctions
• Shipping
• Airline sector
• Further trade sanctions
• Exports
• Imports
• Oil embargo
• Oil price cap
• Targeting oligarchs
• Targeting disinformation
• Targeting the facilitators of Russian actions in Ukraine
• Response to Russia's annexation of occupied Ukrainian territory
• Collaborators in the referendum
• Humanitarian exemptions
• 4 Coordinating with allies
• 4.1 United States
• Initial sanctions
• Sanctions imposed after the invasion of Ukraine
• US ban on Russian oil, gas and coal imports
• Revoking Russia's MFN status
• Luxury goods
• Task Force KleptoCapture
• An ongoing response to alleged Russian atrocities in Ukraine
• Bringing the US further into line with allies
• Response to the Russian annexation of Ukrainian territory
• Sanctions to coincide with the first anniversary of Russia's invasion
• Sanctions evasion
• 4.2 European Union
• Further rounds of sanctions
• Banks, assets and financial markets
• Ending Russia's Most Favoured Nation (MFN) trading status
• Sector specific trade restrictions
• Provision of consulting services
• Visas
• Russian aircraft, shipping and road transport
• Russian media
• Individual sanctions against oligarchs, propagandists and Putin's inner circle
• Maintenance and alignment package
• Response to Russian annexation
• A ninth package of sanctions
• A tenth package of sanctions
• Ending the EU's long-term reliance on Russian gas
• Russia's response
• Military assistance
• 4.3 Other countries
• Other countries of the G7
• Canada
• Japan
• Other Western allies and partners
• Australia
• New Zealand
• 4.4 Transatlantic Task Force on sanctions (REPO)
• 4.5 A halt to Nord Stream 2
• 5 Imposition of third country secondary sanctions
• 5.1 Belarus
• 5.2 Iran
• UK and EU sanctions
• US sanctions
• 5.3 Syria