Russian banks may be hit by the Russian and US authorities.

The authors draw attention to the new rules that came into force in the United States with the adoption of the new defense budget. They empower the authorities to request information related to money laundering and terrorist financing from foreign banks with correspondent accounts with US credit institutions.

In case of refusal to provide such data to a foreign bank, a correspondent account with an American credit institution may be blocked, which will make it impossible for him to conduct any transactions in dollars.