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Why Russian Clients Remain Valuable to Western Industries Despite Sanctions: The Overlooked Risks of the Information Secrecy and Anti-Sanctions Regimes

Despite the ongoing geopolitical tensions and the sanctions imposed on Russia, many Russian clients continue to be valuable for Western industries such as the financial sector, legal services, and wealth management. These sectors have traditionally maintained strong relationships with high-net-worth individuals and corporations in Russia. However, Russia’s Information Secrecy Regime (ISR) and Counter-Sanctions Information Regime (CSIR) pose new challenges that many compliance specialists may overlook.

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