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The Treasury Department ordered the nation’s banking industry to start disclosing its holdings of Russian assets on Tuesday, with the goal of eventually seizing those billions of dollars in assets and selling them to aid the devastated Ukrainian economy.

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US banks to begin reporting Russian assets for eventual forfeiture under new law

The Treasury Department is ordering the nation’s banking industry to start disclosing its holdings of Russian assets, with the goal of eventually seizing those billions of dollars in assets and selling them to aid the devastated Ukrainian economy.

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NEW YORK (AP) — The Treasury Department ordered the nation’s banking industry to start disclosing its holdings of Russian assets on Tuesday, with the goal of eventually seizing those billions […]

NEW YORK (AP) -- The Treasury Department ordered the nation's banking industry to start disclosing its holdings of Russian assets on Tuesday, with the goal of eventually seizing those billions of dollars in assets and selling them to aid the devastated Ukrainian economy.

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US banks to begin reporting Russian assets for eventual forfeiture

The Treasury Department ordered the nation's banking industry to start disclosing its holdings of Russian assets on Tuesday, with the goal of eventually seizing those billions of dollars in assets and selling them to aid the devastated Ukrainian economy. The disclosure is required under a new law passed by Congress earlier this year known as the REPO Act, which gives the U.S. government the authority to seize Russian state assets held by U.S. ba…

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The European Union (EU) has proposed to its member states two options for freezing Central Bank of Russia assets for a longer period of time. This is reported by Bloomberg agency, citing a draft document. The first scenario involves indefinite freezing of assets, which will be reviewed. The second provides for extending sanctions every 18, 24 or 36 months, rather than every six months as it happens now. A plan with two options dispels US fears a…

Европейский союз (ЕС) предложил своим государствам-членам два варианта заморозки активов Центробанка России на более длительный период времени. Об этом передает агентство Bloomberg со ссылкой на проект документа. Первый сценарий предполагает бессрочную заморозку активов, которую будут пересматривать. Второй предусматривает продление санкций раз в 18, 24 или 36 месяцев, а не в полгода, как это происходит сейчас. Подобный план из двух вариантов ра…

Раскрыты два варианта заморозки активов России в ЕС

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Two options for freezing Russian assets in the EU have been revealed

NEW YORK (AP) — The Treasury Department ordered the nation’s banking industry to start disclosing its holdings of Russian assets on Tuesday, with the goal of eventually seizing those billions of dollars in assets and selling them to aid the devastated Ukrainian economy.  The disclosure is required under a new law passed by Congress earlier this year known as the REPO Act, which gives the U.S. government the authority to seize Russian state asset…

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NEW YORK — The Treasury Department ordered the nation's banking industry to start disclosing its holdings of Russian assets Tuesday, with the goal of eventually seizing those billions of dollars in assets and selling them to aid Ukraine's economy devastated…

US banks to begin reporting Russian assets for eventual forfeiture under new law

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