compliance teams and the statements

financial sanctions imposed by the USA, the European Union, and Great Britain against the Russian Federation.” The sanctions that are most effectively enforced internationally—precisely such financial sanctions—have had the most impact in Central Asia and the Caucasus. Even countries with relatively few connections to the international financial system, such as Tajikistan, have seen broad compliance with measures introduced since 2022, including those targeting the payment systems that the Kremlin has engineered to try and mitigate the impact of such sanctions Nevertheless, the dichotomy between regulatory actions and those taken by risk-averse compliance teams and the statements and actions of governments in the region is inescapable. In particular for Georgia—which has been the country in the region closest สล็อตเว็บตรง