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    Home > Finance > EU has blacklisted Russia for risk of money laundering, Kallas says
    Finance

    EU has blacklisted Russia for risk of money laundering, Kallas says

    Published by Global Banking & Finance Review®

    Posted on January 29, 2026

    1 min read

    Last updated: January 29, 2026

    EU has blacklisted Russia for risk of money laundering, Kallas says - Finance news and analysis from Global Banking & Finance Review
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    Quick Summary

    The EU has blacklisted Russia for money laundering risks, increasing transaction costs with Russian banks, according to Kaja Kallas.

    EU Places Russia on Money Laundering Blacklist, Says Kaja Kallas

    Impact of EU's Blacklist on Russian Banking

    PARIS, Jan 29 (Reuters) - The European Union blacklisted Russia on Thursday for risk of money laundering, European Union foreign policy chief Kaja Kallas said.

    Consequences for Transactions

    "This will slow down and increase the costs of transactions with Russian banks," Kallas told reporters.

    Statements from EU Officials

    (Reporting by Louise Rasmussen, editing by)

    Table of Contents

    • Impact of EU's Blacklist on Russian Banking
    • Consequences for Transactions
    • Statements from EU Officials

    Key Takeaways

    • •EU blacklists Russia for money laundering risks.
    • •Kaja Kallas announces increased transaction costs.
    • •Sanctions affect Russian banking operations.
    • •Financial experts react to EU's decision.
    • •Potential global impact on financial transactions.

    Frequently Asked Questions about EU has blacklisted Russia for risk of money laundering, Kallas says

    1What is the main topic?

    The main topic is the EU blacklisting Russia due to money laundering risks, as announced by Kaja Kallas.

    2What impact do the sanctions have?

    The sanctions are expected to slow down and increase the costs of transactions with Russian banks.

    3Who announced the EU's decision?

    The announcement was made by European Union foreign policy chief Kaja Kallas.

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