US Treasury Threatens Banks of Other Countries with Sanctions for Facilitating Restriction Evasion

This is stated in a statement by the US Department of the Treasury.

The report states that Adeyemo provided representatives of foreign banks with information “on the risks of facilitating such evasion, including the risk of falling under secondary sanctions.”

Also, the US Treasury Department said that they plan to implement a strategy to combat such violations, such as, in particular, bypassing anti-Russian sanctions.

Among other things, the American authorities announced their intention to more actively reveal the "assets hidden in the United States" of Russian entrepreneurs.