EU warns banks against Russian sovereign bonds

EU officials have warned EU banks about Russia’s first issuance of sovereign bonds since sanctions were imposed in 2014 in response to its actions in Ukraine. The US is said to have given similar warnings. EU sanctions do not prohibit the purchase of Russian sovereign debt, but EU officials have cautioned banks to consider the possibility that the bonds are...

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters LLP, where he leads the firm and the Business Crime team. He has acted in many of the most high profile and sensitive business crime...

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