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German lender: $10bn of 'suspicious' Russia transactions? (Photo: Bjoern Laczay)

US spotlights EU-Russia sanctions compliance

US authorities have designated dozens of people and entities over Russia “sanctions evasion,” putting a spotlight on EU compliance.

John E. Smith, the head of the Department of Treasury’s Office of Foreign Assets Control, said on Tuesday (22 December) “By … thwarting attempts to evade sanctions¸ we are once again demonstrating the United States’ unwavering resolve to pressure Russia to respect the security and sovereignty of Ukraine.”

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German lender: $10bn of 'suspicious' Russia transactions? (Photo: Bjoern Laczay)

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Author Bio

Andrew Rettman is EUobserver's foreign editor, writing about foreign and security issues since 2005. He is Polish, but grew up in the UK, and lives in Brussels. He has also written for The Guardian, The Times of London, and Intelligence Online.

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