Countering sanctions to protect the banking sector

The relevance of the study lies in the consideration of countermeasures against sanctions adopted by the European Union and other unfriendly countries. The banking sector is an integral part of the financial environment of the Russian Federation. The country's leadership, headed by the President of the Russian Federation, has made a lot of efforts to support various sectors of the economy, defense, industry, banking sector, social security of the population and others, including at the level of legal regulation. The banking sector was one of the first to be subjected to sanctions pressure. In Russia, credit institutions with foreign capital not only received assets, but also invested in development, so it is extremely difficult to abandon the Russian market and their assets.