Ep476: The EU financial sanctions against Russia explained

Carlos León, Director of Financial Markets Infrastructures and Digital Currencies Solutions, FNA

Since the beginning of the war in Ukraine, the EU has imposed a number of financial sanctions and restrictions targeting Russia’s major banks, freezing assets and banning the country from the international bank messaging system SWIFT. But what will be the significance and future ramifications of these sanctions against the Russian state? How are they impacting the region’s FinTech scene too? Carlos León, Director at FNA and former Senior Researcher at the Central Bank of Columbia and Expert at the IMF, delved into the topic with IBSi’s Reporter Gaia Lamperti.