Turkish banks targeted over Russian payment system – FT ...News

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Turkish banks targeted over Russian payment system – FT
Lenders will be under scrutiny to make sure sanctions are being enforced The US and the EU intend to put pressure on Turkish banks so that Ankara does not help Moscow “bypass the sanctions,” the FT reported on Thursday, citing two Western officials familiar with the matter. Turkish banks that have integrated into Russia’s Mir payments system will be in the spotlight of Western countries that are stepping up their efforts to watch over the enforcement of anti-Russian sanctions. Mir was developed by the Central Bank of Russia as a domestic alternative to Visa and Mastercard after the first round of sanctions was imp

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