Together with our international partners, we have already imposed on Russia the largest and most severe package of sanctions ever imposed on a major economy, but we continue to keep our sanctions regimes, measures and effectiveness under constant review and adapt them to respond to evolving risks.

UK financial sanctions prohibit making funds or economic resources available, directly or indirectly, to designated persons, including sanctioned Russian banks, and prohibit circumvention of these measures. All UK entities are required to comply, supported by robust enforcement across government, but it is our long-standing policy not to comment on individual companies or investments.