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Cayman Island: More than US$8.4 billion in Russian assets frozen

More than US$8.4 billion and 297.8 million euros in assets have been frozen in the Cayman Islands since Russian sanctions were imposed at the beginning of March. 

The Financial Reporting Authority has received 801 Compliance Reporting Forms related to the sanctions and 144 suspicious activity reports. 

This represents over US $1 billion more than initially reported in April by the cross-government task force established to coordinate the application of sanctions against Russia.

 



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