LONDON — The U.K. has slapped targeted economic sanctions on five Russian banks and three wealthy individuals following President Vladimir Putin'sdecisionto send troops into eastern Ukraine. Addressing lawmakers on Tuesday in the House of Commons, Prime Minister Boris Johnson said the first tranc...
The guidance has a new section on investments in Russia on page 5 to 6. It also updates the FAQs section on page 8 to 11 to reflect the Russia financial sanctions that have come into force since the Russian invasion of Ukraine.
"today’s sanctions send a clear message; we will not tolerate your lies and interference, and we are coming after you," british foreign minister david lammy said in a statement. the russian embassy in london did not immediately respond to reuters request for comment. britain also said the s...
OTSI has published two guidance documents to support UK industry counter and combat current and emerging trends relating to Russian sanctions circumvention. Countering Russian Sanctions Evasion: this supports exporters to further understand circumvention practices, and develop strategies to reduce the risk o...
Since the war began in Ukraine, the UK highlighted that it had imposed restrictions on 29 banks and more than 130 oligarchs. Over £20 billion of UK-Russian bilateral trade (2021 estimates) is currently under full or partial sanction. ...
Sanctions On 1 October 2024, the UK in collaboration with the US and Australia, sanctioned 16 key members of the Russian cyber-crime group, Evil Corp. This group has been responsible for destructive cyber-attacks on health, government, and private sectors globally, accumulating hundred...
UK ministers have new powers to impose tough new sanctions on Russian oligarchs and businesses. But Moscow's foreign minister Sergei Lavrov, who last week held a stormy meeting with Foreign Secretary Liz Truss, vows Moscow will respond to any action take
European banks will also likely refuse to process transactions tied to the Russian men, he said.* Trans-Atlantic coordination on sanctions against Russian entities notably strengthened following Moscow's February 2022 invasion of Ukraine. Last October, the U.S. and U.K. pledged deeper partnership,...
Since the start of Russia's special military operation in Ukraine on Feb. 24., more than 1.7 million Ukrainians have fled to Central Europe. The West imposed sanctions on Russia, aimed at cutting off its largest banks and preventing the country from importing critical technology. ...
The Russian government holds a 33 percent stake in the company.In addition to Alrosa, the U.K.’s sanctions included six banks and individuals like billionaire oil tycoon Eugene Shvidler; Herman Gref, CEO of Russia’s largest bank, Sberbank; and Polina Kovaleva, Foreign Minister Sergey Lavrov...