The US Treasury Department is trying to prevent circumvention of sanctions.
US Deputy Secretary of the Treasury Wally Adeyemo met with representatives of foreign banks and warned them about the consequences of Russia's assistance in circumventing sanctions . This is reported on the website of the US Treasury Department.
In particular, it is noted that if Russia helps to circumvent the sanctions, foreign banks themselves may fall under US restrictions. The US Treasury Department is focused on preventing Russia from circumventing the sanctions imposed.
Adeyemo said that banks risk being subject to sanctions for providing material support to the sanctioned entity. US assets expect banks to be vigilant and conduct their own inspections to make sure they are not conducting transactions with individuals or companies that are under sanctions.
Read also: GUR told how Roscosmos bypasses international sanctions
Earlier, it was reported that the United States has announced a new package of sanctions against the Russian Federation . The new sanctions target a key commercial bank in Russia and a network of more than 40 individuals and legal entities.
