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- All major Russian banks will have their assets frozen and be excluded from the UK financial system. This will stop them from accessing sterling and clearing payments through the UK. This includes a full and immediate freeze of VTB bank Legislation will stop major Russian companies and the state from raising finance or borrowing money on UK marketswww.bbc.co.uk/news/uk-60515626
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WEBFeb 24, 2022 · Sanctions announced by the prime minister include: All major Russian banks will have their assets frozen and be excluded from the UK financial system. This will stop them from accessing sterling...
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