U.S. Treasury Secretary Janet Yellen warned in remarks made Wednesday countries that are unified in their sanctions against Russia “will not be indifferent to actions that undermine the sanctions we’ve put in place.”

Yellen said the “unprecedented suite of financial sanctions and export controls” imposed against Russia by the United States, along with more than 30 other countries representing more than half the world’s economy, have “redrawn the contours of the world economic outlook,” including “international cooperation going forward.”

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...