The EU's sanctions package includes the exclusion of several Russian and Belarusian banks from the SWIFT banking messaging platform.
This exclusion concerns 6 major Russian banks (Council Decision of 01/03/2022) and 3 Belarusian banks (Council Decision of 09/03/2022). However, these sanctions are not included as such in the EU list.
We have decided to reference these sanctions in our screening tools via a specific list. This list is called SWIFT and has been included in our catalogue since 30/03/2022.
It currently includes the following banking institutions:
- Bank Otkritie
- Promsvyazbank Bank
- Rossiya Sovcombank
- VNESHECONOMBANK (VEB)
- VTB BANK
- Bank Dabrabyt
- Development Bank of the Republic of Belarus
How does it impact you?
Our sanctions list is used in:
- AMLspotter Online,
- BNC XS,
- WEB BNC,
- KYC & AML cloud suite
- Microsoft Dynamics 365 KYC Addon
If you have any questions about using the consolidated sanctions database in our anti-money laundering solutions, if you want to have this new list activated in your solution, please do not hesitate to contact our Support Team.