The sanctions aimed at punishing Russia's invasion of Ukraine will likely face a self-inflicted obstacle, experts tell Axios: opaque financial vehicles allowing illicit foreign assets to flow through Western economies.
Why it matters: Financial transparency advocates have warned for years that lax disclosure of such transfers allows malicious foreign actors to hide their immense wealth. Now, it could imperil U.S. efforts to inflict pain on individual Kremlin officials behind the country's attack on its western neighbor.
