Swift, waiting to hear about names of sanctioned banks

EU banks rate expectations untouched by Ukraine Well positioned

(Finance) – Swiftthe global messaging system for banks at the center of sanctions on Russia, said it was talking to “the authorities for understand which entities will be subject to these new measures“, in order to disconnect them “once we have received legal instructions in this sense”.

In a statement published on the financial company’s website, it is highlighted that Swift is “aware of the joint statement of the leaders of the European Commission, France, Germany, Italy, United Kingdom, Canada and United States expressing their intention to implement new measures to restrict some Russian banks’ access to our financial messaging services “. “Diplomatic decisions have led SWIFT to make efforts to end this crisis and we will always comply with applicable sanction laws“is underlined.

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