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The Financial Action Task Force suspended Russia’s membership over the invasion of Ukraine. Moscow is trying to avoid being blacklisted next month.
The Kremlin has cushioned the blow to its economy by boosting ties with China, India and other countries that have stayed neutral.
Photographer: Kirill Kudryavtsev/AFP/Getty Images
Alberto Nardelli and
Sudhi Ranjan Sen
The Kremlin is pressuring governments including India behind the scenes, threatening to upend defense and energy deals unless they help block expected moves aimed at turning Russia into a financial pariah state over its invasion of Ukraine.
Documents seen by Bloomberg and accounts by officials in NATO countries familiar with the situation offer a rare insight into how Russia is targeting commercial partners ahead of a June meeting of the global watchdog against money-laundering.