The UK and our international partners have introduced the most severe sanctions ever imposed on any major economy in response to Russia’s aggression towards Ukraine.
Our unprecedented sanctions will:
- bring a large and lasting cost on Putin and those close to him for the illegal invasion of Ukraine
- cripple Russia’s war machine to help ensure Putin loses the war in Ukraine
- maximise influence on Putin to convince him to end his brutal war
- show how the world that the Russian government’s actions have severe consequences
What you need to know about the UK’s sanctions on Russia
We have now sanctioned more than 1,000 people and over 100 businesses since Putin’s invasion of Ukraine.
We update the UK Sanctions List every time a decision is made to make, vary or revoke a designation.
It sets out which people, entities and ships are designated or specified under regulations made under the Sanctions and Anti-Money Laundering Act 2018, and why.
Working closely with our allies, we have:
- sanctioned major banks including Sberbank and Credit Bank of Moscow, and removed selected banks from the SWIFT international payments system – crippling Putin’s regime of access to finance
- sanctioned defence sector organisations, and banned the export of critical technologies – paralysing Russia’s military-industrial development for years to come
- planned to phase out the imports of Russian oil by the end of the year – depriving Putin’s government of access to their lucrative oil revenues
- stopped Russian aircraft from flying or landing in the UK and banned their ships from our ports – cutting Russia off from the international community