With the war that is currently going on in Ukraine, I wanted to talk about the very relevant topic of sanctions. Join me today to hear about the different types of sanctions that exist, how they work, and my thoughts on financial/infrastructure services getting involved in political issues.

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Today’s episode:

• [00:40] The motivation behind the focus of today’s episode. 
• [02:06] Three countries that are currently under territorial sanctions, and the impacts of territory-wide sanctions. 
• [03:23] Cases wherein individuals will have sanctions imposed on them, and what these sanctions mean.  
• [04:16] Examples of organizations that have sanctions against them. 
• [05:47] How industry-level sanctions work. 
• [06:24] Why it is important that FinTech CEOs understand the different types of sanctions that exist.
• [08:30] When sanctions work well, and when they don’t.
• [09:54] My thoughts on financial/infrastructure services getting involved in political and environmental issues. 
• [13:48] An example which highlights why I don’t think the sanctions imposed against Russia, including SWIFT selected banks removal will have their desired effect fast enough. 
• [14:43] Why Switzerland and Singapore are being hesitant about adopting the approach proposed by the EU and US to preserve their neutral status. 

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