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Dow Jones service stopped supplying Russian banks with sanctions Information

Dow Jones service stopped supplying Russian banks with sanctions Information
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Monday, 06 June, 2022, 12:18

One of the largest services - Risk & Compliance from Dow Jones stopped supplying Russian banks with compliance information about clients, namely whether they were included in sanctions lists. This is reported by RBC, according to Gazeta.ru.

It is noted that Risk & Compliance of Dow Jones has notified the credit institutions of the Russian Federation about the termination of cooperation.

He specified that Dow Jones aggregates information on sanctions against individuals and legal entities, imposed by several states, updates and sells this data to banks in packages. All major banks in Russia worked with Dow Jones, the source told RBC.