"The Office of Financial Sanctions Implementation (“OFSI”) currently has 318 investigations open regarding potential breaches of The Russia (Sanctions) (EU Exit) Regulations 2019 (the “Russia Regulations”). Since February 2022, OFSI has investigated and closed 388 cases relating to potential bre...
The main sanctions which are relevant to the maritime sector are summarised below. All references to regulations in brackets relate to EU Regulation 833/2014 (as amended). In addition, a further 200 individuals and entities have been designated to the EU sanctions list meaning they are subject t...
Update on US and EU Russia Sanctions – Energy Sector FocusMargaret M. GattiBruce Johnston
Summarizing the entirety of the EU’s sanctions against Russia is challenging due to their complexity and multi-layered nature, which encompass various targets, including individuals, legal entities, and restricted items. Among the most aggressive actions taken by the EU was the imposition of an imp...
BRUSSELS, Feb. 21 (Xinhua) -- European Union leaders said Monday that the bloc will react with sanctions against those involved in Russia's recognition of eastern Ukraine's Lugansk and Donetsk regions as independent states. In a press statement, European Council President Charles Michel and Europ...
The European Union has added Russia's biggest diamond producer to its sanctions list, an EU official said Wednesday. "In line with the diamond ban we have introduced with the 12th package of sanctions, the EU today lists Alrosa, the largest diamond-mining company in the world and its CEO,...
The EU is imposing a raft of tough new sanctions against Russia as the bloc steps up pressure on Moscow to halt its aggression. Some Russian banks will be blocked from the SWIFT payments system and the EU has already cut off Russian central bank transactions and frozen its...
"Responsibility for this decision, including the possible economic costs of Siemens and other German companies, as well as European companies operating in Russia, lies entirely with the EU and the German government," it said. Earlier on the day, the EU announced sanctions against three Russian na...
Poland standing on the front line of Russia’s hybrid war with the EU Facing Russian attempts to ‘weaponise’ migration, Poland takes a hard line on asylum Thu Jan 23 2025 - 13:25 Trump threatens Russia with sanctions and tariffs unless it makes deal to end Ukraine war Kyiv says at leas...
An additional 87 individuals and 34 entities have been designated to the EU sanctions list. Full details can be foundhere. This includes: ·Alfa-Bank, Rosbank, and Tinkoff Bank, the National Wealth Fund of the Russian Federation, and the Russian National Reinsurance Company; ...