Contents tagged with European banks
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Europe clamps down on wealthy Russians
European banks have tightened supervision of the accounts of Russian clients ahead of the transition to the new standards of financial information exchange stipulated by the Organization for Economic Cooperation and Development (OECD), RBC news agency reports with reference to bankers and lawyers involved.
The transition to the new standards of financial information exchange is carried out in two stages. The first stage has already been completed, with around 100 countries involved in creating …