Skip to content
Advertisement

Business

Russia implements new sanctions?

12:00

Russia imposed banking sanctions on 41 countries, including EU members, the media reported.

Legal and natural persons from black-listed countries will be subject to the same verifying procedures as entities suspected of financing terrorism.

Lenders and other banking institutions are obliged to report suspicious transactions "immediately," otherwise they may end up loosing their licenses.

Russia denies the news.

More from Business All