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Post by congregatio on May 6, 2014 1:15:49 GMT 4
AP reported that the US will try to use the FATCA rules from July 1, 2014 onwards to make business more difficult and expensive for Russian Banks. see: apnews.myway.com/article/20140505/us-irs-russia-511772f005.htmlI do not believe this will do the trick, however there are a lot of Russians with either US passport or Green Card which are banking on both sides and they could get caught in between. It also involves anyone doing business with Russia originating USD.
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