Written question asked by Christine Jardine (Liberal Democrat) on Tuesday, 26 April 2022, in the House of Commons. It was due for an answer on Thursday, 28 April 2022. It was answered by John Glen (Conservative) on Thursday, 28 April 2022 on behalf of the Treasury.
National Bank Trust: Foreign Exchange
- Question
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To ask the Chancellor of the Exchequer, whether the Russian Central Bank can recover funds in pound sterling in the UK via the National Bank Trust.
- Answer
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I am unable to comment on individual cases. However, the UK has imposed sanctions that prohibit UK persons from providing financial services for the purposes of foreign exchange or asset management of the Central Bank of Russia, the Russian Ministry of Finance, and the National Wealth Fund of Russia. These restrictions apply to all transactions in pound sterling.
Secondary information
- Type
- Written question
- Reference
- 160587
- Session
- 2021-22
- Subjects
- Foreign exchange Central Bank of the Russian Federation National Bank Trust
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2022-04-30 18:23:48 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2021-22/160587
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- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2021-22/160587
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2021-22/160587