In The Compliance Kitchen podcast, host Silvia Surman dives into a variety of compliance topics. In this episode, Silvia examines sanctions on Russia imposed by the European Union, including asset freezes, travel bans, blocking access to Russia’s central bank reserve holdings, and prohibitions on exports of dual use goods and technology, among other sanctions. Silvia also takes a look at how two thirds of the world population is taking a neutral stance on the situation and the economic impact of the sanctions thus far. She references an article from the European Parliamentary Research Service for viewers to explore further. Join Silvia on The Compliance Kitchen to stay up-to-date on international compliance topics.
Key Highlights
EU Sanctions on Russia [00:07]
Impact of International Sanctions on Russia [05:43]
Impact of G7 Sanctions on Russia’s Economy [11:12]
Accessing European parliamentary research services [16:35]
Notable Quotes
- “Whatever you hear on compliance kitchen is not legal advice, and it should not be used as such.”
- “Then we had the attempted poisoning of Sergei Skripal and his daughter, they were living in the UK at the time. That was in 2018. So you continued to respond to all these acts with some degree of sanctions or some sanctions regimes that they implemented.”
- “Then we had the Alexandre Navalny poisonings that was in 2020, 2021. So with that came the EU global human rights sanctions regime.”
- “Banning transactions with certain Russian state owned military industrial companies disconnecting leading Russian financial institutions from the Swift system.”
