The humanitarian catastrophe unfolding across Ukraine has triggered a tsunami of EU sanctions on Russia, unleashing seismic disruptions across the global economy, currency arrangements, and the infrastructure of global financial payments systems.11 European Commission, ‘Sanctions Adopted Following Russia’s Military Aggression against Ukraine’,2022, https://ec.europa.eu/info/business-economy-euro/banking-and-finance/international-relations/restrictive-measures-sanctions/sanctions-adopted-following-russias-military-aggression-against-ukraine_en. See also European Commission, ‘European Commission Calls