Do not mention Russia: A theoretical framework for bank penalties due to economic sanction violations and policy implications

In this paper, penalties to banks violating economic sanctions have been investigated and discussed. This topic has sparked renewed interest and attention following the beginning of the conflict in Ukraine due to the Russian aggression in February 2022 and the ongoing general deterioration in the gl...

Full description

Bibliographic Details
Main Authors: Václav Brož, Domenico Pace, Bruce Gahir, Thomas Draper, Stefano Cavagnetto
Format: Article
Language:English
Published: LLC "CPC "Business Perspectives" 2023-06-01
Series:Banks and Bank Systems
Subjects:
Online Access:https://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/18270/BBS_2023_02_Broz.pdf