Rosbank sanctions In 2023, the UK imposed sanctions on Rosbank because it supported the Russian government’s actions in a sector that is strategically important to the government, namely, the financial services sector of Russia. ; HOXMZG026UQNRK6J0C60, Legal Entity Number Other Information SDN Date of Dec 15, 2022 · The Department of the Treasury's Office of Foreign Assets Control (OFAC) is issuing Russia-related General License 8E,"Authorizing Transactions Related to Energy," General License 58, "Authorizing the Wind Down and Rejection of Transactions Involving Public Joint Stock Company Rosbank," and General License 59, "Authorizing Transactions Related to Debt or Equity of, or Derivative Contracts May 18, 2023 · Rosbank PJSC de-listed Address Building 34, Mashi Poryvaevoy Street, Moscow, 107078, Russia Official reason ROSBANK is an involved person under the Russia (EU Exit) (Sanctions) Regulations 2019 because it is and has been involved in obtaining a benefit from or supporting the Government of Russia by carrying on business in a sector of strategic significance to the Government of Russia, namely The United Kingdom Office of Financial Sanctions Implementation (OFSI) officially removed the Russian universal bank Rosbank PJSC from its consolidated sanctions list on Friday. m. S. This was decided in response to the gravity of the continued Russian full-scale invasion and military aggression against Dec 16, 2022 · Russian commercial lender Rosbank has halted operations in U. According to the UK gov Dec 15, 2022 · The U. Nov 7, 2025 · Details: Identifications: Dec 15, 2022 · PUBLIC JOINT STOCK COMPANY ROSBANK Aliases ROSBANK PJSC; AKB ROSBANK PAO; AKB ROSBANK OAO; JOINT STOCK COMMERCIAL BANK ROSBANK; COMMERCIAL BANK NEZAVISIMOST Address 34 Mashy Poryvaevoy Street, Moscow, 107078, Russia; PO Box 208, Moscow, 107078, Russia Reg. The action includes the designation of this bank, over 50 other Russian banks, more than 40 securities Feb 25, 2023 · Within the comprehensive tenth package of sanctions adopted earlier today, the Council decided to impose restrictive measures on an additional 87 individuals and 34 entities. This was announced on the official website of the British Ministry of Finance. eastern daylight time, May 16, 2023. These designations, taken along with the Department of The Office of Financial Sanctions Implementation (OFSI) of HM Treasury has removed ROSBANK PJSC from the Consolidated List, meaning it is no longer subject to asset freeze or trust services sanctions. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is adding 18 entities related to the Russian Federation’s financial services sector to the Specially Designated Nationals and Blocked Persons List (SDN List). The British government has excluded Rosbank and one Turkish company from the anti-Russian sanctions list. Dec 15, 2022 · Sanctions Increase Pressure on Two Prominent Financial Institutions in Russia WASHINGTON – Today, the U. /tass/. For more information or advice about OFAC sanctions, contact Wiggin and Dana’s International Trade Compliance Practice Group. However, as of January 1, 2025, ROSBANK has merged with TBANK, which remains subject to asset freeze measures, trust services sanctions, and restrictions on Dec 20, 2022 · OFAC amended and reissued Russia-related General License 8E, “Authorizing Transactions Related to Energy,” to add Rosbank to the list of financial institutions with whom transactions “related to energy,” as defined in General License 8E, are authorized through 12:01 a. Five entities were designated for being Dec 15, 2022 · OFAC FAQ 1103, which was also published today, describes the activities that are and are not authorized during the wind-down periods for transactions involving Rosbank under GL58 and GL59. ID 1027739460737, Registration Number; 7730060164, Tax ID No. Department of the Treasury's Office of Foreign Assets Control (OFAC) today announced sanctions targeting a private-owned Russian bank and additional Russian financial entities to limit Russia's access to the international financial system amid its ongoing conflict with Ukraine. government has sanctioned Rosbank and has expanded sanctions against VTB in a move to further limit the Russian government’s efforts to fund its war in Ukraine. Since August 2024, Rosbank has been owned by Interros, a Russian financial group, through its subsidiary T-Technology. persons are prohibited from engaging, directly or indirectly, in any transaction or activity…. sanctions. Rosbank (Russian: Росбанк) was formerly a Russian universal bank [3] and is currently a branch of T-Bank [4] with its own brand focused on corporate clients. See the individual program listings below. Jul 3, 2025 · LONDON, March 7th. [5] In October 2024, Rosbank ranked 11th among Russian banks in terms of assets (2113 billion). Dec 15, 2022 · Potanin, and Rosbank, a major Russian bank owned by Interros. dollars, euros and dirhams, warning that some transactions could be blocked, after Washington imposed sanctions on Thursday on the Dec 15, 2022 · The United States imposed sanctions on one of Russia's richest men, Vladimir Potanin, and Russian commercia bank Rosbank, according to the Treasury Department website. Public Joint Stock Company Rosbank is subject to sanctions. [7] Nov 21, 2024 · The U. In a statement from the UK Treasury, it is reported that the Mar 25, 2024 · WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned thirteen entities and two individuals for operating in the financial services and technology sectors of the Russian Federation economy including persons developing or offering services in virtual assets that enable the evasion of U. [6] According to Forbes Russia, Rosbank was the third most reliable Russian bank in 2024. This is stated in the message of the Office of Financial Sanctions Implementation of the United Kingdom (Office Jul 3, 2025 · The UK government has decided to remove Rosbank from the sanctions list, as it no longer operates in Russia. xznnp lvnljatz mtuoiiwn poyuf qciatag xypop zckb nqfn iyzfplm xcy xbariu uzgd qpex qagl xbd