Strengthening Financial Sanctions against the Russian Federation: WGP No 4

Working Group Paper #4. The International Working Group on Russian Sanctions1 aims to provide expertise and experience to governments and companies around the world by assisting with the formulation of sanctions proposals that will increase the cost to Russia of invading Ukraine and that will support democratic Ukraine in the defense of its territorial integrity and national sovereignty. Our working group is comprised of independent experts from many countries, but coordinates and consults with the Government of Ukraine and those governments imposing sanctions. This document is a follow-up to our first Action Plan and previous working papers on energy and individual sanctions, which have been informed by additional memos on our website.