In “U.S. Sanctions on Russia ‘Warning Shot’ and Cause for Added Due Diligence, Not ‘Derisking’ – Experts” (Thomson Reuters Regulatory Intelligence, 30 April 2021), K2 Integrity discusses the Biden administration’s recent Russia-related sanctions. According to the article, the administration has a lot of flexibility to ramp up sanctions quickly, and as a result, banks should be mindful on their due diligence processes.
Read the full article on Thomson Reuters Regulatory Intelligence (registration may be required).
