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.
