On February 22, a bill introducing economic sanctions against the financial institutions of the aggressor country was adopted.
"Apply sectoral special economic and other restrictive measures (sanctions) for a period of 50 years to all banks registered/located in the Russian Federation, including the central bank of the Russian Federation, non-bank credit organisations, payment system operators, professional stock market participants, insurance companies, investment funds and other institutions registered/located in the Russian Federation that provides financial services," Verkhovna Rada of Ukraine.
The bill also provides for an embargo on dividend/interest payments and transactions with all financial institutions registered in Russia. It was created at the initiative of Volodymyr Zelenskyy. Same as United24, Peace formula and Made With Bravery.
