Banks, exporters and other companies in the EU may soon receive detailed guidance on sanctions-evasion schemes as part of the bloc's plans to strengthen its financial and commercial embargoes of Russia. On Feb. 23, the eve of the first anniversary of Russia's assault on Ukraine, the European Commission and national representatives met with compliance officers in Brussels to discuss "cross-border sanctions-implementation challenges" and creating a channel for the EU's 27 nations to rapidly flag goods and payments they believe pose a high risk of circumvention. "What's needed is a helicopter view," a source familiar with the discussions told ACAMS moneylaundering.com....
Representatives of the EU, U.S. and allied nations met in Brussels on Thursday as the bloc aims to tackle attempts by Russia to skirt the wide-ranging financial and trade embargos it has imposed over Moscow's war in Ukraine.
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