Financial sector ‘on the frontline’ in response to war in Ukraine, says City of London mayor | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Financial sector ‘on the frontline’ in response to war in Ukraine, says City of London mayor. lorcanallen reports.

Vincent Keaveny, lord mayor of the City of London with its policy chairwoman Catherine McGuinness: ‘The financial services sector is the weapon that’s being mobilised primarily by the West in response to the invasion of Ukraine.’ Picture: Fergal Phillips

The lord mayor of the City of London has defended the role of the financial services sector in handling Russian money and said the industry would be on the “frontline” of implementing western sanctions against Russia. Vincent Keaveny, who grew up in Dublin and is now the 693rd mayor of the British capital’s financial district, said there were robust systems in place to prevent money laundering through financial services centres like London and...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines