Miles Kellerman concludes that it will marginally improve the pressure campaign on the Kremlin but risks collateral damage.
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Economics
Dec 12, 2025
Miles Kellerman
The European Commission has finally added Russia to its list of “high-risk” third countries with strategic deficiencies in their anti-money laundering and counter-terrorist financing controls. This blunt measure will close certain loopholes while also imposing collateral damage on innocent Russians.
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