EU to force banks to reveal Russian assets – Bloomberg ...News

The tenth sanctions package will reportedly target accounts belonging to the Central Bank of Russia as well as sanctioned companies and individuals The European Union plans to order its banks to provide information about Russian assets as part of the next package of Ukraine-related sanctions against Moscow, Bloomberg reported on Wednesday, citing draft proposals. According to the news agency, European banks would be required to report on frozen funds that belong to the Central Bank of Russia and those linked to sanctioned Russian companies and individuals. Banks that fail to disclose information will reportedly fa

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