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Sanctioned Russians Will Have to Declare Their Assets in EU

  • Failure to comply would be considered sanction evasion
  • European Union adopts actions including ban on gold imports

Sanctioned Russians will have to disclose their assets in European Union countries under the bloc’s latest package of measures, and failure to comply could lead to undeclared assets being seized.

The measure is part of a suite of actions adopted by the EU on Thursday that also includes a ban on Russian gold imports, new trade restrictions on key technologies and several fixes to earlier sanctions aimed at ensuring that any limits do not impact the movement of food and agricultural goods.