By Maya Lester KC & Michael O’Kane

Deutsche Bundesbank says sanctions have sizeably reduced transactions with Russian banks

Deutsche Bundesbank Discussion Paper “The effects of sanctions on Russian banks in TARGETS2 transactions data” says EU sanctions on Russian banks have sizeably reduced the number of transactions with sanctioned Russian bank accounts. The exclusion from SWIFT have had the biggest effect, and the overall effect of 2022 sanctions on financial flows is more significant than that of the 2014 …


About Michael O'Kane

For all site-related issues, including subscription and payment issues, please contact
Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

See profile for Michael O'Kane >

Share this page on: