Russia and Contingency Planning: A NeuGroup Member-Only Session

Members have increasingly been asking what others are doing to prepare for US and European sanctions if Russia takes actions against Ukraine, specifically:

1. What steps will members take if larger Russian banks are sanctioned, creating issues such as receiving payments from customers as well as making payroll for Russian-based employees?
2. How are members thinking about FX risk management strategies, including the ability to settle transactions in US dollars?
3. What could be the impact to member companies of Russian retaliation to sanctions’ Are there industry sectors that could be more vulnerable to any retaliatory sanctions by Russia?