RUSI Roundtable: European Sanctions and Illicit Finance


25 Nov 2022, 00:00 CET

PSSI in collaboration with Royal United Services Institute (RUSI) and its Centre for Financial Crime and Security Studies (CFCS) organized a closed roundtable focusing on illicit finance and sanctions against the Russian Federation.


Participants reviewed the implementation of sanctions against Russia by Czech public and private institutions. Particularly how the current legislation and the institutional framework had to be adjusted to address the extensive sanctions regime, what are the lessons learned from the process and what steps need to be taken to close loopholes and increase the effects of sanctions against Russia. The participants of the roundtable represented key institutional stakeholders responsible for the creation and implementation sanction in Czech republic; Ministry of Finance, Ministry of Trade and Industry, Ministry of Foreign Affairs, Financial Analytical Unit, Czech National Bank together with AML experts from the financial and banking sector, academia, and NGOs.


Euro SIFMANet is a collaborative network, led by the Centre for Financial Crime and Security Studies at RUSI, in collaboration with RUSI Europe, and supported by the National Endowment for Democracy. The network, of which the PSSI is a member, aims to bolster the response of EU member states to the national security threat posed by illicit finance to democracies and to provide viable policy recommendations.