The following information has been provided to answer questions regarding financial sanctions that have frequently been put to the Deutsche Bundesbank over recent days. Please note that this is general information – it is not exhaustive and does not substitute any authorisations from the Bundesbank that may be required in individual cases.

Due to the unprecedented nature of the sanctions imposed on Russia, many questions have been raised regarding their practical implementation. We are currently working to clarify these issues with the competent units of the Federal Government and the European Union as quickly as possible. These issues must be clarified so that the sanctions can be applied uniformly throughout the EU. Please understand that it might therefore take some time to respond to enquiries.