A destroyed building following Russian missile strikes in Kyiv, Ukraine, on Wednesday, March 2, 2022. Russia said it would press forward with its invasion of Ukraine until its goals are met, as troops were seen moving in a large convoy toward the capital, Kyiv. (Photo: Erin Trieb/Bloomberg) Doing Business in Russia? Think Twice Before Transferring Funds Due to Ukraine War Sanctions
What if I need to complete a transaction prohibited by the sanctions? How serious are these sanctions? Could I simply complete the transaction and hope for the best after the fact? The answer to that question is: It is better not to.
March 02, 2022 at 04:20 PM
6 minute read
Columns
The images flashing across our television screens, phones and tablets have been striking: Russian tanks, armored vehicles and helicopters crossing the borders into Ukraine to oust the democratically elected government and reassert Russia's control over its former Soviet brother.
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