The United States threatens foreign banks that help russia evade sanctions
Such banks also risk of being sanctioned
Foreign banks that help russian oligarchs and businesses evade sanctions could lose access to markets in the United States and Europe, the US Treasury official warned on Friday during the closed-door meetings with international banks.
Source. This was reported by the Washington Post.
Quote. “If you provide material support to a sanctioned individual or a sanctioned entity, we can extend our sanctions regime to you and use our tools to go after you as well,” said Adewale Adeyemo in his interview with New York Times.
He said he would like to make it “very clear” to institutions in countries that have not imposed sanctions against russia: “The United States and our allies and partners are prepared to act if they do things that violate our sanctions.”
Previously. Ukraine Foreign Minister Kuleba called on the G7 countries to hand over seized russian assets worth hundreds of billions of dollars.
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