Midweek Roundup: Austrian Bank Faces US Probe, EU Nations Back Plan for Bloc-wide Sanctions Agency, and More

Austria's Raiffeisen Bank International faces possible investigation by the U.S. Treasury's Office of Foreign Assets Control over Russia-linked payments that the lender handled after the country's full-scale invasion of Ukraine began, Reuters reported. More The White House plans to mark the first anniversary of the invasion by imposing sanctions on more than 200 Russian officials, their relatives, and businesses and other entities, The Wall Street Journal reported. More At least 12 of the EU's 27 nations support a Dutch proposal to establish a bloc-wide sanctions agency amid concerns over Russia's ability to dodge Western banking and commercial embargos, Euractiv reported. More...