Angeloni, Ignazio; Daase, Christopher; Deitelhoff, Nicole; … - 2022
This policy note summarizes our assessment of financial sanctions against Russia. We see an increase in sanctions … relationships with Russian banks, including the Central Bank, alongside secondary sanctions, and (3) a full blacklisting of the …, particularly if secondary sanctions are in place, to avoid workarounds. Option (3) represents possibly the most effective way to …