Oireachtas Joint and Select Committees
Wednesday, 30 March 2022
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Engagement with the Central Bank of Ireland
Mr. Gabriel Makhlouf:
One of the most important points to bear in mind, which Deputy Nash just made, is that sanctions apply to named entities. As of today, the whole of the Russian state has not been sanctioned. Every Russian individual in existence has not been sanctioned. There is nothing in sanctions land stopping transactions with Russians. Sanctions are very specific and apply to named individuals.
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