Sanctions against Russia – US introduced “gold” restrictions – UNIAN

The US Office of Foreign Assets Control is monitoring attempts to circumvent sanctions.

Gold of the Central Bank of the Russian Federation fell under US sanctions / photo REUTERS

Sanctions USA in relation to the Russian Federation will affect operations with gold. For the Central Bank of the Russian Federation, the possibility of using gold and foreign exchange reserves was limited.

This was reported by the press service US Department of the Treasury.

“These instructions make it clear that any gold transactions relating to the Central Bank of the Russian Federation are covered by existing sanctions,” the statement said.

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It is noted that the restrictions will affect those who are directly or indirectly involved in transactions to circumvent American US sanctions, including with gold.

“US citizens are prohibited from participating in any transactions, including those related to gold, with the participation of the Central Bank of the Russian Federation, the National Welfare Fund of the Russian Federation or the Ministry of Finance of the Russian Federation,” the Ministry of Finance said.

At the same time, the Office of Foreign Assets Control monitors “any attempts to circumvent or violate sanctions related to Russia, including through the use of gold or other precious metals.”

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As UNIAN previously reported, February 24 Russia invaded Ukraine, the enemy bombed both military installations and peaceful settlements. In particular, bombed the enemy more than once fell on Kyiv, Chernigov, Mariupol, Kherson, Nikolaev and Kharkov.

A number of countries around the world, including EU member states, have decided punish the Russian authorities for large-scale aggression new sanctions. Also in European countries began to seize property Russian oligarchs, including yachts.

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In its turn UK authorities have imposed sanctions in relation to the owners of Russian banks and financial institutions. Large Russian and Belarusian companies related to the defense sector also fell under British restrictions.

Wherein US imposes new sanctionsunder which the executive director of Sberbank, the company of the defense complex of the Russian Federation, as well as more than 300 deputies of the State Duma fell.

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