Source link : https://europ.info/2025/07/22/how-us-sanctions-have-transformed-liechtenstein-into-a-graveyard-for-russian-wealth-vehicles/
In an unexpected shift within the global financial landscape, US sanctions targeting Russian assets have transformed the tiny Alpine principality of Liechtenstein into a veritable graveyard for Russian wealth vehicles. Once a discreet haven for Russian capital seeking stability and confidentiality, Liechtenstein now faces a growing number of frozen and dormant entities as international pressure mounts. This development not only underscores the widening reach of US financial measures but also highlights the evolving challenges for small jurisdictions caught in geopolitical crossfires.
US Sanctions Expose Liechtenstein as a Fallout Zone for Frozen Russian Assets
The tightening grip of US sanctions has unveiled Liechtenstein as an unintended repository for a sizable portion of frozen Russian funds, turning this small Alpine principality into a critical but controversial player in the economic fallout from the Ukraine conflict. As Russian oligarchs scramble to shield assets from Western crackdowns, Liechtenstein’s robust financial secrecy laws and its network of complex wealth management vehicles have inadvertently made it a hotspot for stalling capital flows. Experts warn that this “financial fallout zone” status not only complicates efforts to clamp down on illicit holdings but also strains the principality’s international relations and regulatory frameworks.
Authorities in Liechtenstein now face mounting pressure to enhance transparency and enforcement as frozen…
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Author : Caleb Wilson
Publish date : 2025-07-22 18:46:00
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