The U.S., the U.K., Canada and the European Union announced that they would disconnect SWIFT from “selected” Russian banks in the backdrop of the Russian Invasion of Ukraine. "Russia’s war ...
KAZAN, September 18. /TASS/. A number of big Russian banks are already using the equivalent of SWIFT created by the Central Bank, the regulator’s Deputy Chairman Olga Skorobogatova said at ...
Russia is said to be highly dependent on SWIFT for its key oil and gas exports. The assets of Russia’s Central Bank will also be frozen, which would limit access to overseas reserves.
The E.U. is considering disconnecting around 15 Russian banks from the international SWIFT banking system as part of its 16th sanctions package against Russia, Bloomberg reports, citing sources ...
call into further question Russia’s stated commitment to continue to engage in diplomacy to achieve a peaceful resolution of this crisis, and necessitate a swift and firm response from the ...