Written Question·Treasury·UIN 192206
Sanctions
Tabled: 3 July 2023
Answered: 10 July 2023
Question
Charlotte Nichols
Labour — Warrington North
To ask the Chancellor of the Exchequer, what recent assessment he has made of the effectiveness of the UK’s financial sanctions regime.
Answer
John GlenThe Government undertakes extensive assessment of the effectiveness of the sanction regimes, which are eroding Russia’s financial base. The UK has sanctioned 28 Russian banks covering over 80% of Russia’s banking sector, frozen £18bn of Russian assets and...
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