The G7 and the EU are working on restrictions for international banks that assist Russia. G7 countries and the EU are studying ways to increase pressure on banks from third countries that help the Russian Federation circumvent sanctions. Currently under discussion are restrictions aimed at... #circumventionOfSanctions #EuropeanBanks #G7 #RussianBanks #SanctionsAgainstRussia #SWIFT
The US Treasury requires European banks to strengthen monitoring of compliance with sanctions against the Russian Federation. Heads of European banks should intensify their efforts to implement measures that are designed to stop Russia’s attempts to circumvent sanctions, US Treasury Secretary Janet Yellen said. She not... #circumventionOfSanctions #EuropeanBanks #JanetYellen #SanctionsAgainstRussia #SecondarySanctions
The largest European banks increased their contributions to the Russian budget by 300%. The largest European banks that are still operating in Russia paid more than €800M in Russian taxes in 2023, which is 300% more than before the start of the full-scale war. In particular, we are talki... #DeutscheBank #EuropeanBanks #OTPbank #RaiffeisenBank #RussiaBudget
