In particular, they concern “selected Russian banks,” which will be “removed from the SWIFT messaging system.” Russian Central Bank, meanwhile, will be prevented “from deploying its international reserves in ways that undermine the impact” of the sanctions.
The leaders said they will also “limit the sale of citizenship — so called golden passports — that let wealthy Russians connected to the Russian government become citizens of our countries and gain access to our financial systems.”
Finally, the countries announced plans to launch “a transatlantic task force” that will identify and freeze the assets of sanctioned entities within their jurisdiction.
“As a part of this effort we are committed to employing sanctions and other financial and enforcement measures on additional Russian officials and elites close to the Russian government, as well as their families, and their enablers to identify and freeze the assets they hold in our jurisdictions,” the statement read.
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