KYIV, Oct 14 (Reuters) – Ukraine’s central financial institution chief stated on Friday he plans to ask the worldwide monetary crime watchdog the Monetary Motion Activity Pressure (FATF) to expel Russia over its invasion of Ukraine.
Newly appointed central financial institution governor Andriy Pyshnyi stated on Fb that he would make the request on behalf of the financial institution in a letter to the FATF earlier than the organisation’s plenary session on Oct. 18-21.
Russia is at present a member of FATF. Ukraine is just not a member.
Pyshnyi accused Russia of “creating severe threats to the safety and integrity of the world’s monetary system” and demanded that Moscow be made to “really feel the value” for its invasion of Ukraine.
Russia calls it actions in Ukraine a “particular army operation” to demilitarise and “denazify” its neighbour.
Reporting by Max Hunder, Modifying by Timothy Heritage
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