Banking and Finance Law Daily Wrap Up, STRATEGIC PERSPECTIVES—Economic sanctions cut off Russia from financial world, (Mar 21, 2022)

Organizations Mentioned:Corporation Bank for Development and Foreign Economic Affairs Vnesheconombank | Promsvyazbank Public Joint Stock Company | Russian Direct Investment Fund

By John M. Pachkowski, J.D.

The sanctions imposed by the U.S. ensures that Russia pays a severe economic and diplomatic price for its invasion of Ukraine.

In the run-up to the February 21 Russian invasion of Ukraine, the Biden Administration had promised “swift and severe ...

By John M. Pachkowski, J.D.

The sanctions imposed by the U.S. ensures that Russia pays a severe economic and diplomatic price for its invasion of Ukraine.

In the run-up to the February 21 Russian invasion of Ukraine, the Biden Administration had promised “swift and severe” costs to Russia in the way of economic sanctions. This following analysis examines the various actions the Biden Administration and its allies have taken to impose immediate and severe economic costs on Russia.

Companies: Corporation Bank for Development and Foreign Economic Affairs Vnesheconombank; Promsvyazbank Public Joint Stock Company; Russian Direct Investment Fund

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