In an exclusive Reuters investigation, details have emerged on how billions of dollars in Russian assets frozen under US sanctions have unexpectedly disrupted the financial landscape of Liechtenstein. Once a quiet hub for discreet wealth management, the alpine principality now finds itself at the center of a complex geopolitical fallout, as frozen Russian fortunes strain its banking sector and test its regulatory frameworks. This report sheds light on the far-reaching consequences of Western sanctions, revealing how global financial crackdowns ripple through small but influential centers of private wealth.
Russian Oligarchs Face Financial Isolation as US Sanctions Ripple Through Liechtenstein
The tightening grip of US sanctions has plunged several high-profile Russian oligarchs into a financial limbo, with their vast holdings increasingly entangled in Liechtenstein’s discreet banking networks. Once a haven for opaque asset management, the principality now finds itself at the…
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Author : Caleb Wilson
Publish date : 2025-09-23 11:55:00
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