EU removes 7 banks from SWIFT & sanctions Russian state-owned media outlets

The EU has adopted additional Russia sanctions today. Press Release & Press Release. Financial sanctions Council Decision (CFSP) 2022/346 & Council Regulation (EU) 2022/345: Prohibit, as of 12 March 2022, the provision of SWIFT services to: Bank Otkritie, Novikombank, Promsvyazbank, Bank Rossiya, Sovcombank, VNESHECONOMBANK (VEB) and VTB BANK; or to any entity established in Russia and owned (directly or indirectly) …

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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