Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the value was of licenses granted by the Office of Financial Sanctions Implementation relating to Russia since 24 February 2022.

The Office of Financial Sanctions Implementation (OFSI) publishes the number of financial sanctions licences issued in its Annual Review. Information about the total number of licences including the number of licences for each derogation that OFSI has granted for the last five financial years can be found in OFSI’s Annual Review documents, which are publicly available on OFSI’s website. OFSI will publish the latest figures in the next Annual Review in due course. OFSI does not publish details about individual licences granted, including source and quantum of funds licensed.