Tag: Swift
the European Union excludes seven Russian banks from the Swift system
Economic sanctions against Russia coming to fruition. The European Union has decided to disconnect seven Russian banks from the Swift international financial system. A decision effective from March 12 but…
Swift: What is this network supposed to cut off Russia from the global banking system?
SWIFT. A vast majority of Russian banks will be banned from Swift, the flagship network for processing interbank transactions across the planet, an essential cog in global finance. A double-edged…
EU Commission evaluates the list of banks excluded from SWIFT
(Finance) – The EU continues to study the perimeter for the exclusion of Russian banks from the SWIFT system, as part of the sanctions imposed on Moscow for illegally invading…
Swift, waiting to hear about names of sanctioned banks
(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…
Swift: Bruno Le Maire announces the exclusion of Russian banks from Swift, what impact?
SWIFT. Economy Minister Bruno Le Maire announced the disconnection of many Russian banks from the Swift banking system. The freezing of all the assets of the Russian central bank has…
Swift: Russia surely excluded from Swift! What consequences?
SWIFT. Russia could be excluded from the Swift interbank information system. The European Commission’s proposal is on the way. What consequences for Putin’s Russia? What are the risks for Europe…
Last Minute: New sanctions against Russia! Being removed from the SWIFT system… “We will paralyze their assets”
Breaking news: The removal of Russia from the SWIFT system has been discussed for days. The EU has imposed new sanctions on Russia. Ursula von der Leyen, President of the…
Swift: what is this “nuclear weapon” to weaken Russia?
SWIFT. The United States and its allies are now considering excluding Russia from the Swift network, which is essential for the transmission of interbank information. A punchy action that could…
Ukraine, Franco: exclusion of Russia from the Swift system would create a “problem” for gas supplies
(Finance) – The Minister of Economy, Daniele Francoexplained the consequences of a possible exclusion of Russia from the payment system Swift on the possibility of paying the gas supplies destined…
War in Ukraine: Why getting Russia out of the Swift financial network won’t stop Putin
What still seemed hard to believe a few days ago has finally happened: Vladimir Putin declared war on Ukraine on Thursday, February 24. For several hours, the Russian army leads…