The punitive measures also target the Russian Direct Investment Fund and Central Bank assets Washington has slapped a new batch of sanctio
The punitive measures also target the Russian Direct Investment Fund and Central Bank assets Washington has slapped a new batch of sanctions on Russia’s Central Bank, the country’s Direct Investment Fund and its CEO, as well as the Ministry of Finance, over Russia’s military operation in Ukraine. In a press release published on Monday, the US Department of the Treasury announced that it had prohibited American nationals „from engaging in transactions with the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, and the Ministry of Finance of the Russian Federation.“ According to the statement, the move will effectively immobilize these Russian entities‘ assets „held in the United States or by U.S. persons, wherever located.
