A Russian attack on Ukraine would trigger some US financial sanctions

 But they might not include ending access to the Swift system.

Most economic sanctions used by US presidents are implemented under the International Emergency Economic Powers Act

The list is maintained by the Office of Foreign Assets Control of the US Treasury.

 “Swift is just one mechanism. There are other means to do direct payments between banks. They could go back to using telexes, as they did in the past.”

John Dizard FT 10 December 2021

https://www.ft.com/content/21a9b239-f68c-4821-9586-8d60b8c044f0



Kommentarer

Populära inlägg i den här bloggen

Det svänger fort på räntemarknaden

Fjolåret blev strålande för flera av de största fondbolagen

Börsen i Stockholm och New York 4-5 augusti 2024