Below is a select list of sanctions issued against the Russian government, Russian companies and Russian individuals since the invasion of Ukraine began, with dates and the issuing government. This timeline will be updated as new sanctions are announced.
➤ Feb. 25: European Union
Imposes a 10th package of sanctions against Russia targeting an additional 87 individuals and 34 entities, including Russian politicians and government officials, Russia's military and defense sector companies, and writers, presenters and high-level executives in major TV channels and media groups. The new sanctions also cover JSC Alfa-Bank, PJSC Rosbank and JSC Tinkoff Bank, the National Wealth Fund of the Russian Federation and the National Reinsurance Co.
➤ Feb. 24: United States, United Kingdom
Unveil, in coordination with Group of Seven partners and allies, fresh sanctions on Russia, targeting individuals and entities tied to the country's defense and technology industries. The U.S. measures cover more than 200 additional individuals and entities in Russia and other countries in Europe, Asia and the Middle East that have ties with Moscow and 11 banks, including Credit Bank of Moscow PJSC, which is now under full-blocking sanctions. The U.K. sanctions include Russian banks PJSC MTS Bank, PJSC Bank Uralsib, Bank Zenit Public JSC and Bank Saint-Petersburg PJSC.
➤ Feb. 24: Financial Action Task Force
Suspends Russia's membership of the global money laundering and terrorist financing watchdog.
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Ukrainians pay tribute to fallen soldiers on the anniversary of Russia's invasion on Feb. 24.➤ Feb. 23: Canada
Announces new sanctions targeting 129 individuals, including members of the lower house of Russia's parliament and seven senior managers at companies involved in Russia's defense industry, as well as 50 entities.
➤ Feb. 23: Ukraine
Imposes 50-year sanctions on Russian financial institutions, including the country's central bank, all commercial banks, investment funds, payment system operators, professional stock market participants, insurers and other financial services companies. It is "a complete block of access" of Russian financial institutions to markets and assets in Ukraine, Ukrainian central bank Governor Andriy Pyshnyi said.
➤ Feb. 19: Ukraine
Approves sanctions against Russia-based Moscow Exchange and 333 Russian executives of banks including JSC Alfa-Bank, PJSC Sovcombank and Otkritie Bank JSC, Vedomosti reported.
➤ Feb. 8: United Kingdom
Unveils fresh sanctions targeting six entities providing military equipment for Russia's invasion of Ukraine, eight individuals and a group connected to financial networks associated with Kremlin elites.
➤ Feb. 7: United States
The U.S. Treasury Department will lift sanctions imposed on Sberbank of Russia's former Kazakh unit, Subsidiary Bank Sberbank of Russia JSC, effective March 6, following ownership changes at the Kazakh lender, according to The Wall Street Journal reported. Sberbank sold the unit to Kazakhstan's Baiterek National Managing Holding in 2022, after which the business changed its name to Bereke Bank.
➤ Feb. 5: European Union
Imposes a ban on purchases of Russian gasoline, diesel fuel and other refined petroleum products.
➤ Feb. 4: G-7
Agrees on two price caps for petroleum products originating from Russia. The cap was set at $100 per barrel for oil products that trade above the price of crude oil and at $45 per barrel for products that trade at a discount to crude oil.
➤ Feb. 3: Canada
Sanctions 38 individuals and 16 entities, including MIA Rossiya Segodnya, a state-owned media company that unites Russian-language information resources.
➤ Jan. 28: Ukraine
Imposes sanctions on three individuals and 182 Russian and Belarusian companies involved mainly in transporting goods, vehicle leasing and chemical production. The targeted companies include VTB Bank PJSC unit JSC VTB Leasing, Gazprombank JSC's Gazprombank Leasing JSC, Raiffeisen Bank International AG unit OOO Raiffeisen-Leasing and UniCredit SpA's OOO UniCredit Leasing.
➤ Jan. 27: European Union
Extends sanctions targeting trade, finance, technology and other industries in Russia by six months, until July 31, 2023. The sanctions include a ban on the import of seaborne crude oil from Russia, the exclusion of several Russian banks from the Swift financial messaging system, and the suspension of the broadcasting activities and licenses of several Kremlin-backed disinformation outlets.
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The flags of the EU and Ukraine against the European Parliament building in the Belgian city of Brussels. The EU on Jan. 27 extended its sanctions against Russia.
Adopts a ninth package of sanctions on Russia that includes a full transaction ban on JSC Russian Regional Development Bank, asset freezes on Credit Bank of Moscow and Far Eastern Bank, a prohibition on new mining investments in the country and the suspension of the broadcasting licenses of media outlets NTV/NTV Mir, Rossiya 1, REN TV and Pervyi Kanal.
➤ Dec. 15: United States
Imposes sanctions on Russian businessman Vladimir Potanin, three members of his immediate family and his company, Interros Co. The new sanctions also target Russian lender PJSC Rosbank, which Potanin acquired earlier in 2022, and 17 subsidiaries of VTB Bank PJSC.
➤ Dec. 7: European Union
Proposes to introduce sanctions against three more Russian banks, including a full transaction ban on JSC Russian Regional Development Bank, as part of its ninth package of sanctions on Russia. The new package targets almost 200 additional individuals and entities and includes further economic measures against the Russian energy and mining sector, including a ban on new mining investments in the country. The EU will also take four additional Russian channels off the air and all other distribution platforms.
➤ Dec. 3: European Union
Sets a $60-per-barrel price cap for crude oil, petroleum oils and oils obtained from bituminous minerals originating from Russia.
➤ Dec. 2: G-7
Agrees to cap the price of Russian seaborne crude oil at $60 per barrel.
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An oil-loading terminal in Russia. The Group of Seven economies and Australia agreed on a $60-per-barrel price cap for Russian oil.➤ Nov. 30: United Kingdom
Unveils a new package of 22 sanctions targeting officials involved in mobilization to fight Russia's war in Ukraine.
➤ Nov. 4: G-7
G-7 members and Australia have decided to establish a fixed – rather than a floating – price when they finalize a price cap on Russian oil later this month.
➤ Oct. 7: Japan
Sanctions 58 Russian individuals, 9 Russian entities and 23 individuals who are considered to have been directly responsible for the unilateral annexation of Donetsk, Luhansk, Kherson and Zaporizhzhia.
➤ Oct. 6: European Union
Expands a ban on Russian steel products to include semi-finished steel. The European Council also says it is banning the export of coal, including coking coal.
➤ Sept. 30: United States
Imposes sanctions on 14 individuals linked to Russia's military-industrial complex and 278 members of the Russian legislature involved in the referendums held in Ukraine. Russian central bank Governor Elvira Nabiullina is among the sanctioned individuals.
➤ Sept. 26: United Kingdom
Imposes 92 sanctions in response to referendums held by Russia that led to annexation of four regions of Ukraine. Sanctions targets include top Russian officials involved in enforcing the vote, oligarchs with a global net worth of £6.3 billion and 49 executives at Gazprombank (Joint-stock Company), Sberbank of Russia and Sovcombank.
➤ Aug. 3: Switzerland
Imposes additional measures against Russia in line with the EU's latest sanctions regarding gold and gold products and bans the country's largest bank, Sberbank of Russia, from providing funds, economic resources or technical services.
➤ July 21: European Union
Bans purchase, import or transfer of gold and jewelry originating from Russia and adds Sberbank of Russia, among other entities, to its sanctions list.
➤ June 29: United Kingdom
Adds 13 individuals and entities to its Russia sanctions list, including Moscow Industrial Bank and businessman Vladimir Potanin, Russia's second-richest man, who the Foreign Office said has acquired PJSC Rosbank and shares in JSC Tinkoff Bank since the invasion of Ukraine.
➤ June 28: United States
Sanctions 70 entities, many of which are tied to Russia's defense industry, including state defense entity Rostec, as well as 29 Russian individuals. Sanctions an additional 45 entities and 29 individuals; designates Russian Federation military units and redesignates Russia's Federal Security Service. Announces steps to impose visa restrictions, including on more than 500 Russian Federation military officers and Russian Federation officials.
➤ June 27: G-7
G-7 countries introduce ban on Russian gold imports. The U.K., U.S., Canada and Japan announce ban on the import of newly mined or refined gold. Previously exported Russian gold is unaffected. The remaining G-7 members — Italy, France and Germany — could follow after EU discussions.
➤ June 22: United Kingdom
Prohibits the export to Russia of goods and technology related to chemical and biological weapons, oil refining and other critical industries. Prohibits the export to Russia of jet fuel and sterling- or EU-denominated banknotes.
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Russian MiG-29 fighter jets. The U.K. has banned the export of jet fuel to Russia.➤ June 10: Switzerland
Decides to adopt the new sanctions announced June 3 by the EU against Russia and Belarus, including the exclusion of Sberbank of Russia and three other banks from the Society for Worldwide Interbank Financial Telecommunication, or Swift, financial messaging system.
➤ June 7: Japan
Freezes the assets of Russian Agricultural Bank, Credit Bank of Moscow and Belarus-based Belinvestbank JSC.
➤ June 6: United States
Issues guidance clarifying that earlier sanctions prohibiting the purchase of new debt and equity securities issued by Russian entities also apply to existing securities trading on secondary markets.
➤ June 3: European Union
Adopts a sixth package of sanctions including cutting off Sberbank of Russia, Credit Bank of Moscow and Russian Agricultural Bank from the Swift financial messaging system. Russia's NCO JSC National Settlement Depository, which had planned to service eurobonds, is also sanctioned. The measures include prohibiting the import of crude oil and certain petroleum products from Russia into the EU.
➤ May 31: Canada
Imposes new sanctions targeting 22 individuals and four entities, including key Russian financial institutions and banks.
➤ May 25: European Union
Proposes to make violation of EU sanctions a criminal offense across the bloc, which would allow for the effective confiscation of assets of sanctioned individuals and entities.
➤ May 13: United Kingdom
Announces new sanctions on friends, family members and confidants of Russian President Vladimir Putin. Targeted individuals include Alina Kabaeva, who is alleged to have a close personal relationship with Putin, and Mikhail Klishin, an executive at Bank Rossiya.
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Retired Russian gymnast and politician Alina Kabaeva, who is alleged to have a close personal relationship with Vladimir Putin, in Sochi, Russia, in 2014.➤ May 9: United Kingdom
Announces new import tariffs on goods including platinum and palladium and plans export bans on chemicals, plastics, rubber and machinery.
➤ May 8: United States
Announces new sanctions on Russia, targeting executive board members of Sberbank and members of Gazprombank JSC's board of directors. The new sanctions also target JSC Bank Moscow Industrial Bank, among other entities. In addition, three of Russia's top state-owned and/or controlled TV networks have been added to the sanctions list: JSC Channel One Russia, television station Russia-1 and JSC NTV Broadcasting Co. The move is intended to block the sale of equipment to the broadcasters and cut off any U.S.-originated advertising revenue from being funneled back to the Russian state.
➤ May 4: European Union
European Commission President Ursula von der Leyen says the bloc's sixth package of sanctions against Russia includes removing Sberbank of Russia, the country's largest bank, and two other major banks from the Swift financial messaging system.
➤ May 4: United Kingdom
Bans accountancy, management consultancy and public relation services exports to Russia and imposes sanctions on individuals in Russia's media industry.
➤ April 27: Canada
Imposes new sanctions on 11 senior officials and 192 other members of the People's Councils of the Luhansk and Donetsk People's Republics in the Donbas region in eastern Ukraine over Russia's attempted annexation of the areas.
➤ April 26: Poland
Imposes sanctions on 50 Russian companies and individuals, including Alfa-Bank founder Mikhail Fridman and state-owned energy company PJSC Gazprom.
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Designates Russia-based Transkapitalbank and a network of more than 40 individuals and entities led by Russian oligarch Konstantin Malofeyev as being involved in attempts to evade sanctions. The designated individuals include executives linked to Russia-based Otkritie Financial Corp. Bank.
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Imposes a new round of sanctions against 18 Russian financial entities, including Russia's central bank, Sberbank of Russia, VTB Bank PJSC and Gazprombank JSC.
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Announces additional sanctions against Russia, targeting 14 individuals including Russian central bank Governor Elvira Nabiullina.
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Russia's central bank governor, Elvira Nabiullina, speaks in St. Petersburg, Russia, on June 3, 2021.➤
Sanctions 206 individuals, including Gazprombank JSC Vice President Sergey Fursenko and six oligarchs.
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Adopts the new sanctions announced April 8 by the EU against Russia and Belarus.
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Approves additional sanctions including an asset freeze on Sberbank of Russia and JSC Alfa-Bank. Introduces measures to prohibit new investment in Russia and reduce its reliance on Russia for energy, including phasing out and banning Russian coal imports.
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Imposes a full transaction ban on four key Russian banks — VTB Bank PJSC, PJSC Sovcombank, Joint-Stock Commercial Bank Novikombank and Otkritie Financial Corp. Bank — representing 23% of market share in the country's banking sector. Also extends its prohibition on deposits to cryptocurrency wallets and on the sale of banknotes and transferable securities denominated in any official currencies of the EU member states to Russia and Belarus.
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Sanctions Russian state-owned diamond giant PJSC Alrosa-Nyurba, blocking all of its property and interests in the U.S.
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Announces full blocking sanctions on Sberbank and Alfa-Bank that will freeze any of the two banks' assets touching the U.S. financial system and prohibit U.S. persons from doing business with them. Also bans new investment in Russia and imposes full blocking sanctions on key companies owned by the Russian state, with their names to be disclosed at a later stage. Imposes full blocking sanctions against top Russian officials and their family members, including President Putin's adult children and Foreign Minister Lavrov's wife and daughter.
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Freezes assets of Sberbank and Credit Bank of Moscow. Bans new investment in Russia. Pledges to "end all dependency on Russian coal and oil" by the end of 2022 and to "end imports of gas as soon as possible thereafter." Takes action against Russian strategic industries and state-owned enterprises, including a ban on imports of iron and steel products. Sanctions eight additional oligarchs active in these industries.
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Proposes import ban on Russian coal and a full transaction ban on four key Russian banks, including VTB Bank PJSC, a ban on Russian vessels and Russian-operated vessels from accessing European ports, and a ban on Russian and Belarusian road transport operators.
➤ March 31: United States
Imposes new sanctions targeting Russia's technology sector and related efforts to evade or bypass sanctions activity. Twenty-one entities and 13 individuals were added to the sanctions list, including Mikron, Russia's largest chipmaker and exporter of microelectronics, and supercomputer company T-Platforms.
➤ March 24: United States
Sanctions Russia's defense industry, the Russia Duma and Sberbank's CEO.
Issues 65 new sanctions against key industries including Russian Railways, defense contractor JSC Kronshtadt Group and six additional banks.
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U.S. President Joe Biden meets with Polish President Andrzej Duda on March 25 in Rzeszow, Poland.➤ March 18: United Kingdom
Revokes RT's license to broadcast in the U.K.
➤ March 18: Australia
Sanctions Sberbank, Gazprombank, VEB.RF, VTB Bank, Russian Agricultural Bank, Sovcombank, Novikombank, JSC Alfa-Bank and Credit Bank of Moscow.
➤ March 18: Russia
Bans Russian insurers from conducting transactions with reinsurers in the U.S., U.K., Australia, Canada, Japan, Switzerland, countries in the EU and other "unfriendly states."
➤ March 16: European Union
Sanctions Rostelecom PJSC President Mikhail Oseevsky, Yandex NV Deputy CEO Tigran Khudaverdyan and VK Co. CEO Vladimir Kiriyenko, preventing them from traveling to the EU or doing business with companies that operate there.
➤ March 16: U.S., Germany, U.K., Japan, European Commission, France, Italy, Canada and Australia
Launch the "Russian Elites, Proxies, and Oligarchs" task force to "collect and share information to take concrete actions, including sanctions, asset freezing, and civil and criminal asset seizure, and criminal prosecution."
➤ March 15: European Union
Bans supplies of energy-related equipment, technology and related services to Russia; bans new investments in the Russian energy sector; and tightens export restrictions on individuals connected to technology that could contribute to Russia's defense and security sector.
➤ March 15: United Kingdom
Expands sanctions to include a number of individuals and entities, including the Internet Research Agency.
➤ March 15: United States
Sanctions Russians connected to human rights violations along with the "corrupt" leader of Belarus.
➤ March 11: United States
Sanctions Kremlin elites, oligarchs and Russia's political and national security leaders and imposes measures against North Korean weapons of mass destruction and ballistic missile programs.
➤ March 8: United States
Bans imports of Russian oil, gas and other energy.
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The corporate headquarters of Gazprom Germania, the German unit of Russian natural gas company Gazprom.➤ March 7: South Korea
Places export controls on software, equipment and technology.
➤ March 5: Singapore
Places export controls on software, equipment and technology. Freezes assets of and bans transactions with VTB Bank, VEB.RF, Promsvyazbank and Bank Rossiya, and bars transactions with the Central Bank of Russia.
➤ March 4: Switzerland
Extends its sanctions against Russia, imposing capital market restrictions on Alfa-Bank, Otkritie Financial Corp. Bank, Bank Rossiya, Promsvyazbank and others. Joins the Swift financial messaging system ban on seven Russian banks and imposes measures against the Central Bank of Russia.
➤ March 3: United States
Sanctions "numerous Russian elites and their family members," including Yevgeniy Prigozhin, the financier of the Internet Research Agency, and Alisher Usmanov, who holds significant interests in the telecom and IT sectors through a 49% ownership of holding company USM Holdings Ltd., along with information outlets controlled by Russian intelligence services.
➤ March 3: United Kingdom
Bars Russian aviation and space companies from insuring and reinsuring their risks in the country.
➤ March 3: Japan
Freezes assets of four additional Russian banks: VTB Bank, Sovcombank, Novikombank and Otkritie Financial Corp. Bank.
➤ March 2: European Union
Suspends broadcast activities of Russian state-owned or affiliated media Sputnik and RT/Russia Today in the EU, including search results and social media.
➤ March 2: United Kingdom
Places export ban on critical-industry technology.
➤ March 2: European Union
Names the Russian banks to be disconnected from the Swift bank network: Otkritie Bank, Novikombank, PJSC Promsvyazbank, Bank Rossiya, Sovcombank, the state development corporation State Development Corp. VEB.RF and VTB Bank. Bans the sale, supply, transfer or export of euro-denominated banknotes to Russia and bans transactions with the Russian central bank.
➤ March 2: South Korea
Sanctions seven Russian banks and their subsidiaries. Bans trade in new Russian government bonds.
➤ March 2: Australia
Adds the Central Bank of Russia and Otkritie Financial Corp. Bank to its sanctions list.
➤ March 2: United Kingdom
Sanctions Sberbank, prohibiting the bank from carrying out correspondent banking and sterling clearing transactions.
➤ March 1: Japan
Restricts transactions with the Central Bank of Russia; freezes assets of VEB.RF, Promsvyazbank and Bank Rossiya; and joins Europe and the U.S. in excluding select Russian banks from the Swift financial messaging system.
 Sberbank CEO Herman Gref. |
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Places capital market restrictions on Alfa-Bank, Otkritie Financial Corp. Bank, Bank Rossiya and Promsvyazbank.
➤ Feb. 28: United Kingdom
Freezes assets of VEB.RF, Otkritie and Sovcombank.
➤ Feb. 28: United States
Blocks transactions with the Central Bank of Russia.
➤ Feb. 26: U.S., EU, U.K. and Canada
Ban select Russian banks (unnamed at this point) from the Swift financial messaging system and impose restrictive measures on the Central Bank of Russia.
➤ Feb. 25: United States
Sanctions President Vladimir Putin and Minister of Foreign Affairs Sergei Lavrov.
➤ Feb. 25: Taiwan
Places export controls on software, equipment and technology.
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Issues correspondent and payable-through account sanctions on Sberbank and its subsidiaries; full blocking sanctions on VTB Bank, Otkritie Financial Corp. Bank, Sovcombank and Novikombank and their subsidiaries, freezing their U.S. assets and prohibiting U.S. persons from dealing with them; and new debt and equity restrictions on Sberbank, Alfa-Bank, Credit Bank of Moscow, Gazprombank, Russian Agricultural Bank and other Russian companies.
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Freezes assets of VTB Bank.
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Freezes assets of and prohibits dealings with various Russian individuals and entities, including major banks.
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Withdraws five Russian channels from the register of permitted TV services.
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Place export controls on software, equipment and technology.
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Sanctions Bank Rossiya, Promsvyazbank, VEB.RF and others.
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Issues "targeted restrictive measures" against 27 "high profile individuals and entities" and measures against all 351 members of the Russian State Duma as well as restrictions on economic relations with the breakaway regions of Donetsk and Luhansk. Issues sectoral prohibition on financing the Russian Federation, its government and the Central Bank of Russia. Freezes assets of Bank Rossiya, Promsvyazbank and VEB.RF.
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Sanctions Promsvyazbank, VEB.RF and their subsidiaries.
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Freezes assets of Black Sea Development and Reconstruction Bank, Industrial Savings Bank, Genbank, Bank Rossiya and Promsvyazbank.