The Limited Times

Bank of Italy to banks, now communicate freezing Russian funds

3/4/2022, 5:38:05 PM


The UIF, the financial intelligence unit at the Bank of Italy that monitors money laundering and terrorist financing, asks banks and financial operators to communicate "as soon as possible" the "freezing measures for funds and economic resources ... ( HANDLE)

(ANSA) - ROME, MARCH 04 - The UIF, the financial information unit at the Bank of Italy that monitors money laundering and the financing of terrorism, asks banks and financial operators to communicate "as soon as possible" the "freezing measures for funds and resources economic "of the Russian subjects hit by the European sanctions.

This is what is read in a communication from the body which asks to transmit "with every possible advance" with respect to the maximum time limit of 30 days provided for by law, the names, "the amount and nature of the fund of economic resources", also communicating it to the Guardia diFinanza.

The Uif also asks to transmit "the data relating to operations or relationships, as well as any other available information" of these subjects.

(HANDLE).