BREAKING: EU, US, UK and Canada announce that “selected” Russian banks will be disconnected from the SWIFT system

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BREAKING: EU, US, UK and Canada announce that “selected” Russian banks will be disconnected from the SWIFT banking system. The statement doesn’t indicate names of banks, or whether this will stop oil and gas payments.

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BREAKING: EU, US, UK and Canada announce that "selected" Russian banks will be disconnected from the SWIFT system 3

#G7 statement unveils third round of sanctions against Russia:

  • Remove Russian banks from SWIFT
  • Precent Russian Central Bank from deploying international reserves
  • Limit “golden passports”
  • Launch task force to coordinate on sanctions