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The University is following events in Ukraine and the financial sanctions imposed by UK Government. The University does not undertake/process many transactions with a Russian connection, but will be monitoring developments from the OFSI (Office of Financial Sanctions Implementation) and will follow advice from Cambridge University (CU) Legal Services. Further updates will be provided as the situation changes.

Actions for departments

There are UK lists of banking institutions and individuals with whom transactions are prohibited and departments will need to follow these lists, which can be found here.  In addition, our banking institutions may prevent transactions that are prohibited by US sanctions

More help 

If you have a question please contact the Finance Division Helpdesk .


Issued 7-Mar-22

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