the US government has According to insiders, a first Prepared package of sanctions against Russia targeting the banking sector. This is reported by the Reuters news agency. Among other things, the plan is to ban US financial institutions from processing transactions for large Russian banks, Reuters learned from three people familiar with the matter. The aim of the measures is to damage the Russian economy. The sanctions are said to be implemented in the event of a Russian invasion of Ukraine will. European Commission President Ursula von der Leyen threatened on Sunday evening to cut off Russia from the financial markets.
The US government had already announced that sanctions against the banking sector could be part of a possible package of measures. So far, however, there have been no known plans to curtail the correspondent banking network that underlies international money flows. According to insiders, the US too use their most powerful sanction instrument and Add Russian citizens and companies to the Specially Designated Nationals (SDN) list. This would exclude them from the US banking system. Your Assets in the US would then be frozen, and would be banned from trading with Americans, people familiar with the plans said. The White House and the US Treasury Department declined to comment.
According to the circles, the package of measures could be adjusted up to the last minute. The specific goals are unclear. However, insiders assumed that Russian banks, including the VTB Bank, Sberbank, VEB, as well as Gazprombank possible targets could be. According to experts, steps aimed at the correspondent bank network would have less impact than a placement on the SDN list. Nevertheless, such a step would have significant repercussions for the institutes, which would make transactions in dollars, the world’s leading currency, more difficult.