What the bill does
Russia and Belarus Financial Sanctions Act of 2022 This bill requires a U. S. financial institution to take all necessary and available actions to ensure any entity or person owned or controlled by such institution complies with financial sanctions applicable to Russia or Belarus to the same extent required of that institution.
Subjects: Bank accounts, deposits, capital, Banking and financial institutions regulation, Belarus, Credit and credit markets, Europe, Foreign and international banking, International monetary system and foreign exchange, Russia, Sanctions, Securities