WASHINGTON (Reuters) – The United States said on Sunday it had shared information with European bankers, government officials and business leaders to counter Russian tactics to circumvent Western sanctions.
Brian Nelson, Treasury’s undersecretary for terrorism and financial intelligence, held briefings last week in Switzerland, Austria, Germany and Italy to facilitate more, the U.S. Treasury Department said in a statement. Effectively oversee sanctions imposed over Russia’s invasion of Ukraine.
The Treasury Department said Nelson shared details of some of the most critical military products Russia sought to acquire, including optics, electronics and manufacturing equipment.
He urged allies to be alert to “red flags” such as large cash payments, payments through third countries not involved in the transaction, and the same end user from Multiple tenders or shipments of the same product from different suppliers. Other warning signs include frequent or last-minute changes in end users or payees, or redirection of shipments to countries with or without restrictions on re-export to Russia, the ministry said. third country.
Assistant Secretary of State for Terrorist Financing and Financial Crime Elizabeth Rosenberg will travel to Kazakhstan and Uzbekistan next week to step up sanctions enforcement to combat money laundering and terrorist financing, the U.S. Treasury Department said .