EU ready to push legislation which will criminalise evaders of Russian sanctions

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EU ready to push legislation which will criminalise evaders of Russian sanctions
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EU ready to push legislation which will criminalise evaders of Russian sanctions via IrishTimesBiz

Some of the totals differ from previously-reported figures because the count no longer includes blocked transactions, a measure that previously inflated the numbers by including the effect of measures such as the expulsion of Russian banks from the SWIFT interbank system.

The commission is ready to push the legislation forward and “go as fast as possible to the enforcement”, Mr Reynders said, with a conclusion to the legislative process possible within months. “If it’s possible to confiscate it will be also possible to give the money back to the Ukrainian people. And that’s what we are trying to do,” Mr Reynders said.

“It’s quite logical after such an aggression that part of the funding for the reconstruction is coming from Russia, and not only from the international community,” Mr Reynders said.

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