You're reading: US warns banks to watch out for possible Yanukovych transactions

 The U.S. Treasury warned banks on Tuesday to watch out for the possibility that former Ukraine President Viktor Yanukovych might try to move stolen state assets after he bolted from Kyiv over the weekend in the face of escalating opposition protests.

As The Wall Street Journal writes, Treasury’s Financial Crimes
Enforcement Network said banks need to apply “enhanced scrutiny” to
transactions by either Yanukovych or former senior officials in his
government, to protect against “misappropriated or diverted state
assets, the proceeds of bribery or other illegal payments, or other
public corruption proceeds.”