Deputy Treasury Secretary Adeyemo discussed with foreign banks the strengthening of sanctions against Russia
US Deputy Secretary of the Treasury Wally Adeyemo discussed with representatives of a number of foreign banks the strengthening of sanctions against Russia, as well as the restrictions that have already been introduced. This is reported RIA News.
From a statement US Treasury it follows that the attention of his department is focused on combating attempts to evade sanctions. “The Deputy Treasury Secretary also brought to the attention of representatives of foreign banks information about the risks of facilitating such evasion, including the risk of falling under secondary sanctions,” Adeyemo said in a statement.
Representatives of financial institutions disclosed plans to adapt their future activities and business operations against the backdrop of the Ukrainian crisis and sanctions against the Russian Federation.
Previously reportedwhat European Commission will submit a legal proposal in two weeks, according to which the evasion of sanctions European Union will be considered a crime. The move should help EU member states confiscate assets frozen as part of the sanctions campaign against Russia.