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Sanctions

Several EU nations pushing for new sanctions package against Russia

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By Elizabeth Hearst for AMLi

A number of EU countries are reportedly pushing for a new round of sanctions against Russia and Belarus and increased military support, following Russia’s invasion of Ukraine in February.

About one-third of the 27 EU Member States have requested that the European Commission start work on a seventh package of sanctions, less than three weeks after the hard-won sixth package was approved.

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NEWS: Deutsche Bank US subsidiary hit with $4M fine by SEC after late SARs filings

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NEWS: Canada’s AML watchdog plans scorecard to improve monitoring, sources say

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NEWS: US consumer watchdog sues big banks over ‘widespread’ fraud on Zelle payment app

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