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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessMNI BRIEF: EU Bans Russian Gold Imports, Sberbank Transactions
The EU has tweaked its sanctions against Russia, announcing a “wide and all-encompassing” ban on the import of Russian gold and on all transactions with Sberbank, Russia’s largest bank.
EU officials said that the sanctions changes are a refinement of existing measures, designed to align its existing sanctions with its G7 commitments and to close any loopholes.
The package also introduces a self-reporting obligation for listed people to report their assets in the EU, otherwise face the possibility of criminal charges and confiscations of their assets. Sberbank was already subject a SWIFT ban and has been given time to wind down its subsidiaries in EU countries.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.