The EU and the USA are considering the possibility of imposing sanctions on the largest Russian banks and the Russian Direct Investment Fund (RDIF). According to Bloomberg, this will happen if Russia “attacks” Ukraine.
This was reported to the publication by a source familiar with the discussion of this issue. According to him, the restriction of the conversion of rubles into US dollars and other foreign currencies, including euros and pounds sterling, is being considered.
Also in the West, they thought about limiting the ability of investors to buy Russian debt obligations on the secondary market.
As Bloomberg noted, the most radical option would be for Russia to ban access to the SWIFT financial payment system. But the West understands that this would cause damage to ordinary citizens of the Russian Federation. At the moment, European and American officials have settled on the option to pursue Russia’s ability to convert rubles into currency.