Data and Code for: "Financial Sanctions, Swift, and the International Payments System"

Financial sanctions restrict entities\textemdash countries, businesses, or even individuals - from purchasing or selling financial assets, or from accessing custodial or other financial services. They can be imposed on a sanctioned entity's ability to access the infrastructures that are in place to execute international payments (irrespective of whether such payments underpins financial or real activity). This article explains how financial sanctions can be designed to limit access to the international payments system and, in particular, the SWIFT network, providing some recent examples.