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4/18/23, 9:24 AM

JOINT READOUT: US- EU - UK Sanctions Evasion Meeting with Private Sector Participants | U.S. Department of the Treasury

U.S. DEPARTMENT OF THE TREASURY
JOINT READOUT: US- EU - UK Sanctions Evasion Meeting with
Private Sector Participants
April 13, 2023

WASHINGTON – On the sidelines of the World Bank Group and International Monetary Fund
Spring Meetings, Deputy Secretary of the Treasury Wally Adeyemo; European Commissioner for
Financial Stability, Financial Services, and Capital Markets Union Mairead McGuinness; and HM
Treasury Director General for International Finance Lindsey Whyte hosted representatives from
financial institutions to discuss continued efforts to counter sanctions evasion and combat
Russian military procurement in key jurisdictions. The government officials and bank
representatives were also joined by Deputy Director of the CIA David Cohen and Deputy Director
of National Intelligence Morgan Muir.
The officials shared information about the most critical goods sought by the Russian military
and emphasized that the Kremlin has directed its intelligence services to find ways around
sanctions in order to replenish badly depleted supplies. They also discussed trade trends and
enforcement priorities.
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https://home.treasury.gov/news/press-releases/jy1411

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