Russia Urges India to Help Avoid Global Financial Blacklist
TL;DR
Russia is pressuring India to help avoid being blacklisted by the Financial Action Task Force (FATF) in June, warning that key energy and weapons deals would be at risk. If blacklisted, FATF members, banks, investment firms, and payment-processors must perform additional due diligence and could even enact countermeasures. Russia has also said that even being added on the FATF's "gray list" would still threaten deals. Russia has turned to other governments for similar support, while Ukraine has championed the blacklisting, but is not a member itself.
- Russia pleads with India for help avoiding financial black list, warning oil and weapons deals are at risk, report says Yahoo Finance
- Russia courts India as Ukraine pushes FATF to 'blacklist' Putin Govt for war | Report Hindustan Times
- Putin Pushes India to Help Russia Avoid FATF Global Financial Blacklist Bloomberg
- Russia Is Putting Pressure on India for Support to ‘Block Moves’ by FATF: Report The Wire
- Russia eyes presence in India’s financial markets | Mint Mint
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