The Financial Crimes Enforcement Network (FinCEN) issued a Financial Trend Analysis (FTA) on patterns and trends contained in the Bank Secrecy Act (BSA) reporting on suspected evasion of Russia-related export controls. The analysis reveals patterns indicative of corruption and sanctions evasion, such as the movement or transfer of funds and ownership of assets, purchase of high-value goods, and changes in financial flows with links to the United States. The report highlights instances where oligarchs transferred beneficial ownership of their companies, trusts, or accounts to their children, family members, or business associates, potentially to evade sanctions or asset seizures. It also notes large wire transfers from oligarchs to their children studying in the United States, which funded purchases of residential real estate and luxury items. The report emphasizes the importance of financial institutions reporting suspicious activity related to Russia and provides red flags to assist in identifying potential sanctions evasion.