Australia, Canada, the European Commission, Germany, Italy, France, Japan, the UK, and US, Agree to Increased Cooperation to Target Russian Assets
WASHINGTON – Secretary of the Treasury Janet L. Yellen and Attorney General Merrick B.
Garland today met virtually with representatives from Australia, Canada, Germany, France, Italy, Japan, the United Kingdom, and the European Commission, to launch the Russian Elites, Proxies, and Oligarchs (REPO) multilateral task force. The task force was first announced by leaders on February 26.
The task force, consisting of Finance Ministry and Justice or Home Ministry in each member jurisdiction, each committed to using their respective authorities in concert with other appropriate ministries to collect and share information to take concrete actions, including sanctions, asset freezing, and civil and criminal asset seizure, and criminal prosecution.
Cooperation between the U.S. Government and foreign partners has already yielded notable successes. In the last three…
