The United Kingdom has accused three more organizations from Kyrgyzstan of supporting the Russian economy

The United Kingdom has expanded its sanctions list to include entities that London claims are involved in supporting the Russian economy and circumventing restrictions. Three organizations from Kyrgyzstan have been added to the new sanctions package: Eurasian Savings Bank OJSC, OJSC “State Brokerage Company,” and OJSC “Virtual Asset Issuer.” This is stated in the updated UK sanctions list and a press release from the British government.

The sanctions were imposed as part of the UK’s sanctions regime against Russia and took effect on May 26, 2026.

With regard to Eurasian Savings Bank OJSC, the UK has imposed an asset freeze, a ban on correspondent banking relationships and payment processing, sanctions against management, as well as restrictions on trust services. The justification states that, in the opinion of the British authorities, the bank provided financial services to individuals working in a sector of strategic importance to Russia—the financial sector.

“State Brokerage Company” has also been subject to an asset freeze, sanctions against directors, and restrictions on trust services. London believes that the company engages in activities of economic significance to the Russian government.

“Virtual Asset Issuer” was also hit with sanctions. In addition to asset freezes and restrictions against management, so-called Internet Services Sanctions have been imposed on the company. These require British internet platforms, providers, and app stores to restrict access by users in the UK to the company’s services and content. British authorities stated that the organization is allegedly involved in supporting the Russian economy.

According to a press release from the British government, the new package of sanctions targets cryptocurrency and financial networks which, in London’s view, are being used by Russia to circumvent international restrictions and finance the war against Ukraine.

The document specifically mentions the Kremlin-backed A7 network, which, according to British authorities, “actively uses Kyrgyzstan’s financial system to funnel funds into Russia’s war economy.” According to London, more than $90 billion passed through this network last year.

The British Foreign Office stated that the new measures are part of a strategy to block financial channels used to circumvent sanctions, including cryptocurrency platforms, payment infrastructures, and international intermediary networks.