Swiss banks start to close accounts of Russian clients
In 2022-2023, Swiss banks closed accounts of Russian clients with less than $1 million. Now, banks are scrutinizing not only the presence of a permit or Swiss passport, but also whether clients receive income in Russia and pay taxes there.
https://euromaidanpress.com/2024/03/27/swiss-banks-start-to-close-accounts-of-russian-clients/
https://twitter.com/raging545/status/1772882725826908347
No information on where the rockets were fired from.
From November 2023 through February 2024, new sanctions enforcement efforts have come into effect, that have caused significant shifts in Russia's International funds flows.
Major Russian cash flows through banks in Turkey, Austria, the UAE and India have been disrupted, as well as their "shadow Fleet" tanker operations, and oil shipments to India.
Deputy Secretary of the Treasury, Wally Adeyemo, has seemed pretty successful so far, in putting the screws to Russian financing/sanctions evasion, since he was made the point man for this effort late last year.