Recording: SIFMANet Summit: Making Sanctions Work

Shortcomings in the implementation of sanctions against Russia pose a security challenge to the EU, making the closing of loopholes a key objective for 2023. Encouraging third countries to adhere to measures against Russia remains a challenge, too. How can the EU and its member states address weak sanctions implementation?


To help strengthen the EU’s resilience, the Centre for Financial Crime and Security Studies at RUSI, in collaboration with RUSI Europe, is leading the SIFMANet network of European research institutions. Supported by the National Endowment for Democracy (NED), the network has organised a series of expert meetings in European capitals with government officials, the banking sector, NGOs, and academics, to exchange on implementation challenges and explore policy solutions.

This summit convened the network’s experts from across Europe to address the challenges of effective implementation of sanctions against Russia, by exchanging best practices and examining viable solutions on national and European levels. Building on the expert discussions, the SIFMANet network also presented the SIFMANet Principles, a written proposal for EU member state policymakers to design more effective sanctions and illicit finance responses.

Watch the session recordings below to learn more about how to address the national security threats posed by illicit finance and weak sanctions implementation.

Opening remarks

How to maximize the impact of sanctions against Russia

Euro SIFMANet: SIFMANet Summit Summary
clock3 Minute Read
View onlinechevron-right
Recommendations for Effective Sanctions Against Russia

SIFMANet has collected recommendations to be actioned in order to overcome the implementation challenges identified and enhance the effectiveness of its restrictive measures against Russia.

European Sanctions and Illicit Finance Monitoring and Analysis Network (Euro SIFMANet)

Euro SIFMANet brings together European research institutions to raise awareness and inform policymaking against the illicit financial flows that continue to undermine our democracies.

In collaboration with

  • RUSI Europe

    RUSI Europe

    Based in Brussels, RUSI Europe builds on the Royal United Services Institute’s almost 200 years of expertise in security and defence. We carry out research, provide a forum for security and defence dialogues, and are committed to help solve the most urgent security and defence challenges. Our mission is to leverage the Institute’s research capacities to inform policy-making at the EU, NATO and among their member states.

    Find out more

Project sponsor

  • National Endowment for Democracy (NED)

    National Endowment for Democracy (NED)

    The National Endowment for Democracy (NED) is a private, non-profit foundation dedicated to the growth and strengthening of democratic institutions around the world. Each year, NED makes more than 2,000 grants to support the projects of non-governmental groups abroad who are working for democratic goals in more than 100 countries.

    Find out more


Tom Keatinge

Director, CFS

Centre for Finance and Security

View profile

Kinga Redlowska

Head of CFS Europe

Centre for Finance and Security

View profile

Jack Crawford

Research Fellow

Open Source Intelligence and Analysis (OSIA)

View profile


Explore our related content