Russia

The pressure on financial institutions' compliance departments has been growing since the start of the war in Ukraine. Financial crime expert Rory Doyle from Fenergo sees growing risks associated with sanctions violations, as well as an increase in terrorist financing.

More and more companies are sourcing their primary products not only from China, but also from other regions of the world. However, the de-risking process is slowing down, warns a study by the Munich-based Ifo Institute.

Yale University‘s Jeffrey Sonnenfeld claims that the Russian economy is in dire straits. He fiercely calls into question the International Monetary Fund‘s more benign projections – which the IMF justifies nevertheless.