Treasury’s Office of Foreign Assets Control announced additional sanctions on Russia’s largest banks and individuals connected to top Russian officials.
Treasury announces additional Russia sanctions
April 07, 2022 / By ICBA
Treasury’s Office of Foreign Assets Control announced additional sanctions on Russia’s largest banks and individuals connected to top Russian officials.
Treasury’s Office of Foreign Assets Control announced additional sanctions on Russia’s largest banks and individuals connected to top Russian officials.
Sanctions: The latest sanctions target Sberbank and Alfa-Bank, family of Russian President Vladimir Putin and Foreign Minster Sergey Lavrov, and Russian Security Council members.
Executive Order: President Joe Biden separately announced a new executive order banning new investments and certain services in Russia.
ICBA Release: With global events raising concerns among some bank customers, ICBA offers a customizable news release on its Tell Your Story toolkit reminding consumers that their FDIC-insured deposits are safe.
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