It seems that USA have been exerting their influence on numerous EU countries and after Latvia Cyprus might be next to restrict bank accounts for offshore corporations especially those with Russian beneficiaries.
Can anyone give more detailed input on this issue?
It seems that USA have been exerting their influence on numerous EU countries and after Latvia Cyprus might be next to restrict bank accounts for offshore corporations especially those with Russian beneficiaries.
Can anyone give more detailed input on this issue?
All offshores or only those with Russian beneficiaries?Spanish banks as of March have started to apply the extended blacklist to close accounts to off-shore companies.
actually, I've heared a lot about it from my East European clients and Latvia was a wash machine for Russians mostlyIt sounds like it, I'd take it from what I've read on this thread that they will be triple checking and possibly closing either now or the near future any bank account connected to an offshore entity of a country such as Seychelles or Belize. I don't think they'd do the same for a formation that's USA based but I could be wrong.
I agree so they did in Cyprus, Sweden, Denmark and Malta and while we are on it they also did in the USA just with some very large setups with billions of $$$Latvia has always been a place where Russians laundered their money, this is not exactly news.