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US Broadens Sanctions Against Russia, Targets Cyprus-Based Entities and Global Networks
In a significant escalation of measures against Russia, the US Office of Foreign Assets Control (OFAC) expanded its sanctions list late...
Dec 13, 20232 min read
NCA Warns of Russia's Sanctions Evasion: 14 Red Flags for Financial Vigilance
Britain's National Crime Agency (NCA) has issued a comprehensive warning to banks and financial institutions, providing intricate...
Dec 8, 20232 min read
Exposed: Offshore Company Facilitated Concealed Entities for Putin's Inner Circle
An offshore company has been uncovered for its involvement in facilitating the creation of concealed entities by Vladimir Putin's inner...
Nov 6, 20232 min read
Binance Exits Russia Business, Sells to CommEX Amid Regulatory Scrutiny
Binance, the world's largest cryptocurrency exchange, has announced its exit from the Russian market by selling its business to CommEX, a...
Sep 28, 20232 min read
Megayachts in Legal Limbo: The Costly Conundrum of Seized Russian Assets
Falmouth, Harbor, Antigua and Barbuda—In a predawn operation last year, two dozen armed police officers and five FBI agents descended...
Sep 26, 20238 min read
European Union Court Annuls Renewal of Sanctions on Russian Businessman
In a significant development regarding European Union (EU) sanctions related to actions affecting Ukraine's territorial integrity, the...
Sep 22, 20232 min read
Russian Profit Lockdown: Western Companies Struggle to Access Billions in Profits
In the wake of Moscow's full-scale invasion of Ukraine, Western companies that have continued to operate in Russia find themselves in a...
Sep 18, 20233 min read
Estonia Implements Ban on Russian-Registered Vehicles Amidst EU Sanctions
Estonia has made the decision to prohibit the entry of vehicles with Russian license plates into the country. The announcement came from...
Sep 14, 20232 min read
Europol Report Exposes Russia's Cunning Strategies to Evade EU Sanctions
In a startling revelation, the latest Europol Economic Crime Report has shed light on Russia's persistent efforts to circumvent the...
Sep 13, 20232 min read
City of London Law Society Raises Concerns Over Tougher Sanctions Rules for Lawyers
The City of London Law Society has expressed deep concerns over new regulations that it claims "criminalize a whole range of legal...
Sep 11, 20232 min read
Companies Face Heightened Risks in Self-Disclosing Sanctions Violations, Experts Warn
When Deputy Attorney General Lisa Monaco likened sanctions enforcement to the Foreign Corrupt Practices Act (FCPA), it signaled a...
Jul 18, 20232 min read
Italy Freezes €2 Billion of Russian Oligarchs' Assets in Response to Ukrainian Invasion
In a significant move, Italy has frozen the assets of Russian oligarchs amounting to approximately €2 billion following Russia's invasion...
Jul 5, 20232 min read
Kinahan Cartel sanctioned when it became nexus between organized crime and Iranian-backed terrorists
John O'Driscoll, intelligence chief, has identified an "important nexus" between funding for organized crime and terrorism, noting that...
May 30, 20233 min read
EU enters unknown waters as a result of the fight against "shadow fleet" shipping Russian oil
The EU intends to take action against a fleet of ageing tankers, the most of which are Greek-owned and transporting Russian oil around...
May 30, 20235 min read
UAE makes money off of Russia's gold trade as sanctions take effect
Since Western sanctions over Ukraine have disrupted Russia's more established export routes, Russian customs records reveal that the...
May 25, 20235 min read
With additional sanctions, the US strengthens its anti-Russian campaign
In an effort to further cut off the cash and military equipment that Russia is deploying in its conflict with Ukraine, the United States...
May 23, 20232 min read
For 'egregious' Iran sanctions violations, Murad must pay $3.3 million.
As part of a settlement with the Treasury Department's Office of Foreign Assets Control (OFAC) on alleged violations of Iran sanctions...
May 22, 20233 min read
The Registrar has been given permission to evaluate sanctioned companies
On Friday morning, Registrar of Companies Irini Mylona announced that her office has been given permission to begin with the...
May 19, 20231 min read
EU sanctions on Chinese firms helping Russia's war machine
According to the Financial Times, the European Union has recommended penalties against Chinese companies accused of exporting equipment...
May 10, 20231 min read
In an effort to prevent sanctioned goods from reaching Russia, the EU targets Central Asia.
The most likely first targets of a daring new EU proposal to block Russia from violating sanctions by importing the high-tech components...
May 9, 20234 min read
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