Russia and China Almost Completely Dedollarize Their Trade Amid Western Pressure on Nostr: US Tightens Sanctions on Russia, Increasing Risks for Banks =============== #1000d551 ...
US Tightens Sanctions on Russia, Increasing Risks for Banks
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#1000d551 ver:0.51
US tightens sanctions on Russia, increasing risks for banks. Sanctions prohibit Russian banks from transacting in US dollars or with US organizations. Settlements for sanction breaches hit a record high of $1.5bn in 2023. Sanctions can affect payments and trade finance, creating vulnerabilities in banks' ecosystems. Banks must monitor for suspicious activity and potential violations of US export controls. #Russia #sanctions #banks...
#newstr #Banks #Sanctions #Russia #Ukraine #UsTreasury #FinancialRisk #ExportControls #Geopolitics #China #MiddleEast
https://here.news/story/1000d551?ver=0.51
===============
#1000d551 ver:0.51
US tightens sanctions on Russia, increasing risks for banks. Sanctions prohibit Russian banks from transacting in US dollars or with US organizations. Settlements for sanction breaches hit a record high of $1.5bn in 2023. Sanctions can affect payments and trade finance, creating vulnerabilities in banks' ecosystems. Banks must monitor for suspicious activity and potential violations of US export controls. #Russia #sanctions #banks...
#newstr #Banks #Sanctions #Russia #Ukraine #UsTreasury #FinancialRisk #ExportControls #Geopolitics #China #MiddleEast
https://here.news/story/1000d551?ver=0.51