How the policy of sanctions and asset seizures is upsetting the stability of financial markets and payment systems
In recent years, we have seen an increasing tightening of sanctions and asset seizures against certain countries and individuals. While these measures are often used as political tools to enforce certain objectives, they have also had a significant impact on the stability and integrity of Western financial and payment systems. Sanctions are often used by Western governments as tools to punish or prevent undesirable behaviour by governments or individuals. They can take various forms, including trade restrictions, entry bans, freezing and confiscation of assets and financial sanctions. These measures are designed to put pressure on the targeted countries to make political, economic or social changes.