According to the "Report on Illicit Finance Relating to the Russian Federation" says that the USA now attaches greater priority to working with jurisdictions operating with large Russian financial flows. It goes about such countries as Cyprus, Latvia and the UK, the report from the US Treasury says.
The report published on the website of the US Treasury says that bank accounts of Russian billionaires Oleg Deripaska and Viktor Vekselberg were frozen in Cyprus. The accounts were frozen after April 6, 2018, when the US Treasury imposed sanctions on Deripaska, Vekselberg and their companies.
Oleg Deripaska acquired Cypriot passport in March 2018, whereas Viktor Vekselberg owns almost ten percent of the Bank of Cyprus.
Since early 2017, US regulators have put serious pressure on the authorities of Cyprus to resolve the problem of significant amounts of suspicious Russian funds and investments that go through the banking sector of Cyprus.
The report from the US Treasury also says that the sanctions against Deripaska and Vekselberg caused them to incur significant financial losses. In particular, Vekselberg's fortunes shrank by almost $3 billion from an estimated $16.4 billion to $13.5 billion as of July 26, 2018.
Near the United Nations Glass Palace in New York, there is a metallic sculpture entitled "Evil Defeated by Good", representing Saint George transfixing a dragon with his lance. It was donated by the USSR in 1990 to celebrate the INF Treaty concluded with the USA in 1987