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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.”

Its

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

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Author Bio

Andrew Rettman is EUobserver's Foreign Affairs Editor. He has been writing about foreign and security affairs for EUobserver since 2005. He is Polish but grew up in the UK. He has also written for The Guardian, The Telegraph, and The Times of London.

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