SANCTIONS

Sanctions

EU Announces 35 New Sanctions Over Death of Alexei Navalny

By Editors | 25/03/2024

The targets include the two penal colonies where Navalny was held, members of the judiciary, and officials in the penitentiary system and Russia’s Ministry of Justice.

Sanctions

EU Leaders to Advance Plans to Use Profits from Russia Assets

By Editors | 23/03/2024

Total financial contributions for Ukraine are expected to be around EUR 4.0-4.5 billion this year. Banks are concerned about legal action from Russia.

Sanctions

India Stops Accepting Oil from Sanctioned Russian Vessels

By Editors | 22/03/2024

Private and state-run refiners in India have stopped accepting cargoes from vessels owned by Sovcomflot, which was sanctioned by the US last month.

Sanctions

Armenian Banks Stop Accepting Russian Mir Cards – Reports

By Editors | 22/03/2024

The Union of Armenian Banks attributed the decisions to the risk of secondary sanctions from the US.

Sanctions

US, Türkiye Agree on New ‘Sanctions Compliance Scheme’

By Editors | 22/03/2024

Under the new scheme, the US will allow Turkish authorities to first investigate potential sanctions violations before action is taken against Turkish companies.

Sanctions

More Chinese Banks Stop Accepting Russian Payments – Reports

By Editors | 22/03/2024

Ping An Bank, Bank of Ningbo, Guangfa Bank and Shenzhen Rural Commercial Bank are among those that have all stopped accepting yuan payments from Russia.

Sanctions

US Pressure Forces Austria’s Raiffeisen to Back Out of Russia Deal

By Editors | 22/03/2024

The deal would have helped to reduce Raiffeisen Bank’s exposure to Russia, but it would have involved a transaction with a sanctioned Russian oligarch.

Sanctions

OFAC Sanctions Nicaragua’s Attorney General for Corrupt Practices

By Editors | 21/03/2024

OFAC said Nicaragua’s Attorney General facilitated the theft of real property formerly belonging to independent media outlets, NGOs, and political prisoners.

Sanctions

OFAC Targets Procurement Networks Used for Iran Weapons Programmes

By Editors | 21/03/2024

The sanctions target 5 individuals and 10 companies they own or use to facilitate procurements for Iran’s nuclear and other military weapons programmes.