Business & Economy · 1 view
US Sanctions A7, a Russia Firm That Helps Sidestep Economic Restrictions
The move follows recent reports detailing how A7, a Russian financial firm, used shell companies around the world to move funds on behalf of restricted Russian businesses.
Summary
The move follows recent reports detailing how A7, a Russian financial firm, used shell companies around the world to move funds on behalf of restricted Russian businesses. The Treasury Department on Thursday issued economic restrictions against A7, a Russian company that has helped to circumvent Western sanctions imposed after Moscow’s invasion of Ukraine.
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