{
  "url": "https://openlegislation.uk/russia-sanctions-eu-exit-regulations-2019/regulation-18A",
  "json_url": "https://openlegislation.uk/russia-sanctions-eu-exit-regulations-2019/regulation-18A.json",
  "legislation": "uksi/2019/855",
  "legislation_title": "The Russia (Sanctions) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/russia-sanctions-eu-exit-regulations-2019",
  "path": "regulation/18A",
  "kind": "regulation",
  "number": "18A",
  "heading": "Provision of financial services relating to foreign exchange reserve and asset management",
  "text": "(1) A person (“P”) must not provide financial services to a person mentioned in paragraph (2) where—\n(a) the financial services are for the purpose of foreign exchange reserve and asset management; and\n(b) P knows, or has reasonable cause to suspect, that the financial services are provided to such a person.\n(2) The persons mentioned in this paragraph are—\n(a) the Central Bank of the Russian Federation,\n(b) the National Wealth Fund of the Russian Federation,\n(c) the Ministry of Finance of the Russian Federation,\n(d) a person owned or controlled directly or indirectly (within the meaning of regulation 7) by a person mentioned in sub-paragraphs (a) to (c), or\n(e) a person acting on behalf of or at the direction of a person mentioned in sub-paragraphs (a) to (c).\n(3) Paragraph (1) is subject to Part 7 (Exceptions and licences).\n(4) A person who contravenes the prohibition in paragraph (1) commits an offence.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Reg. 18A inserted (1.3.2022 at 5.00 p.m.) by The Russia (Sanctions) (EU Exit) (Amendment) (No. 5) Regulations 2022 (S.I. 2022/205), regs. 1(2), 3(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2019/855/regulation/18A",
    "retrieved_at": "2026-10-28T22:41:25.449074+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}