By AML Intelligence Correspondents US AUTHORITIES have shared with European banks and governments the means used by Russia to evade sanctions. In a charm offensive last week Treasury chiefs met with bankers, government officials and business leaders in an effort to clamp down on Russia’s tactics to skirt Western sanctions. Undersecretary Brian Nelson urged allies…
Banking, Compliance, EU/Europe, North America, Regulatory, Sanctions
INSIGHT: US Treasury officials in charm offensive to European capitals revealing the means used by Russia to evade sanctions

REPORT: Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E Nelson said: “Treasury, through our National Risk Assessments, is at the cutting edge of analyzing the global risk environment to protect the US and international financial systems from abuse by illicit actors. We urge both the public and private sectors to engage with these reports, as well as our forthcoming National Strategy for Combatting Terrorist and Other Illicit Finance.”