Anti-Financial Crime & Financial Crime Compliance
Leadership | Insight | Network

Financial Crime, Sanctions

BREAKING: US Treasury announces barrage of sanctions and gold import ban on Russia as Treasury Sec. says new efforts will ‘degrade Putin’s capabilities’ in Ukraine war

By Elizabeth Hearst for AMLi

The US Treasury has announced it would prohibit Russian gold imports and would target crucial defence operations in its latest sanctions package announced today (Tuesday).

The Treasury’s Office of Foreign Assets Control (OFAC) today designated 70 entities, which are “critical” to Russia’s defence industrial base including state-owned defence conglomerate Rostec.

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!