Sanctions

Sanctions

New Zealand Sanctions New Russian and Belarusian Targets

By Editors | 24/09/2024

The sanctions target the Russian SOE operating Ukraine’s Zaporizhzhya nuclear plant and its director general, among others.

Sanctions

US Arrests Russian Man for Illicit Microelectronics Exports

By Editors | 23/09/2024

Several Hong Kong companies were used to purchase microelectronics from US distributors and export them to Russia.

Sanctions

Lebanese Man Pleads Guilty to Sanctions Evasion Conspiracy

By Editors | 23/09/2024

The man, designated as a specially designated global terrorist in May 2018, pleaded guilty to a conspiracy charge and agreed to forfeit $830,000.

Sanctions

EU Plans €35b Loan for Ukraine, Backed by Russian Assets

By Editors | 23/09/2024

The EU was initially planning to contribute about €18bn out of the total €45bn the G7 was planning to raise for Ukraine.

Sanctions

Russia Considers Raising ‘Exit Tax’ for Foreign Firms – Report

By Editors | 23/09/2024

Russian authorities are reportedly considering raising the exit tax from the current 15 percent to as high as 40 percent.

Sanctions

EU Parliament Calls for Tougher Sanctions Action on Russia

By Editors | 21/09/2024

EU Parliament adopted a resolution calling for tighter sanctions on Russian fossil fuels and additional measures targeting circumvention.

Sanctions

EU Mulls Expansion of Export Controls to Subsidiaries of EU Firms

By Editors | 21/09/2024

The EU is reportedly considering expanding export restrictions to subsidiaries of EU companies, and increasing focus on third country FIs.

Sanctions

OFAC Targets Russia-DPRK Sanctions Evasion Network

By Editors | 20/09/2024

New sanctions have been imposed on five entities and an individual for helping to establish payment mechanisms between Russia and North Korea.

Sanctions

UK Imposes Trade Sanctions Targeting Iran Defence Industry

By Editors | 20/09/2024

The new measures are part of the UK’s response to reports that Iran has delivered ballistic missiles to Russia.