Situation in Eastern Europe: Useful links
As of 03.03.2022 – Updates will be made continuously
Show content of Information of the EU taking restrictive measures in response to the crisis in Ukraine
On 28 February, the Council approved:
- a ban on transactions with the Russian Central Bank
- € 500 million support package to finance equipment and supplies to the Ukrainian armed forces
- a ban on the overflight of EU airspace and on access to EU airports by Russian carriers of all kinds
- new sanctions on persons and entities
Source: https://www.consilium.europa.eu/en/policies/sanctions/restrictive-measures-ukraine-crisis/
Show content of Information of the US treasury department on sanctions imposed on Russia
Treasury Prohibits Transactions with Central Bank of Russia and Imposes Sanctions on Key Sources of Russia’s Wealth
Source: https://home.treasury.gov/news/press-releases/jy0612
U.S. Treasury Imposes Sanctions on Russian Federation President Vladimir Putin and Minister of Foreign Affairs Sergei Lavrov
Source: https://home.treasury.gov/news/press-releases/jy0610
U.S. Treasury Announces Unprecedented & Expansive Sanctions Against Russia, Imposing Swift and Severe Economic Costs
Source: https://home.treasury.gov/news/press-releases/jy0608
Show content of Other information sources from international organisations
The United Nations held an emergency special session of the General Assembly on 28 February 2022, details of which can be found on the UN website here. For other general updates on the crisis visit the home page
Source: https://news.un.org/en/
The International Chamber of Commerce (ICC) have issued a statement from the Secretary General, John Denton that reminds businesses that supply chains could be affected as Ukraine is “a key supplier of essential metals and raw materials into global value chains”.
Source: https://iccwbo.org/media-wall/news-speeches/icc-statement-on-russia-ukraine-conflict/
The International Energy Agency has set up a dedicated page Analysing the impacts of Russia's invasion of Ukraine on global energy markets and states “The IEA is monitoring the potential implications of Russia's invasion of Ukraine for global energy markets and is ready to take appropriate measures with IEA Member Countries and key partners to ensure energy security.”
Source: https://www.iea.org/topics/russia-s-war-on-ukraine
The London Metals Exchange has a “Russian Sanctions” page setting out the LME’s understanding of how recent UK, UK and EU sanctions against Russia and disputed Ukrainian areas may affect the LME’s market
Show content of Insights on the Ukraine crisis from Deutsche Bank content portal
Ukraine on the brink?
With tensions between Russia and Ukraine having exploded into full-blown war, what are the repercussions for Russian oil and gas exports that escaped the EU and G7 sanctions deep freeze, and the wider risks to neighbouring economies? This article shares the insights from Deutsche Bank Research
Source: Ukraine on the brink? – Deutsche Bank (db.com)
How sanctions against Russia affect payments and FX
The United States and the European Union are restricting the use of SWIFT’s payments service for Russia’s banks and freeze the country’s central bank reserves. What will that mean for payments and the FX markets? This article draws on Deutsche Bank Research analysis for some answers.
Source: How sanctions against Russia affect payments and FX – Deutsche Bank (db.com)
Show content of Protection against cyber attacks
Worldwide, the number of cyber-attacks on corporate systems and data is increasing. Find out more about the key components of information security and how Deutsche Bank is tackling cyber fraud on our focus page Cyber Security
Source: https://corporates.db.com/in-focus/Focus-topics/cyber-security/#!
Disclaimer
The information, advice and estimates (“Information”) on this Deutsche Bank AG website have been prepared in a highly volatile environment and do not constitute investment, legal or tax advice. The United States, the United Kingdom and the EU are imposing sanction packages in rapid succession, with the next wave of sanctions already under discussion. This means that the impact on customers and the banking sector is constantly changing and cannot be predicted with any certainty. All information is therefore subject to change without notice and may differ from information that is or has been included in other documents published by Deutsche Bank, including research publications. All information is provided for information purposes only and without contractual or other obligation. No warranty is given as to the accuracy, completeness or adequacy of the foregoing information