Joint Statement issued by the Russian Elites, Proxies, and Oligarchs Task Force

The Russian Elites, Proxies, and Oligarchs (REPO) Task Force has released a joint statement outlining how they have been able to isolate sanctioned Russians by freezing, seizure, forfeiture and/or disposal of assets. According to the Task Force, these achievements are the result of ‘close and extensive national and international coordination and collaboration’, to successfully implement its sanctions.

The REPO Task Force has also further confirmed its commitment to increasing the cost of the war for Russia and highlighted their commitment to carry on with their efforts and remain vigilant against sanctions evasion and circumvention.