EU's 11 Sanction Packages Against Russia over the War in Ukraine
26 Jun, 2023
On 23 June, EU adopted its 11th sanctions package against Russia over the war against Ukraine. This package expands the transit ban to prevent Russia from obtaining critical components of tech products and aircraft parts. It also extends the ban on goods exporting from the EU, as well as targets entities that participate in helping Russia circumvent sanctions.
Click on Download PDF to read the key points of all 11 packages introduced by the EU so far.
26 Feb, 2024
New U.S. Guidance on Business Risks Associated with Russia
On February 23, 2024, the U.S. Departments of State, Treasury, Commerce, and Labor issued a business advisory for dealings with Russia and its occupied territories.
20 Feb, 2024
Media Monitoring and Rights of Customers: Uzbekov vs Revolut Judgment: Lessons for KYC and Media Monitoring Programs
A landmark decision by UK’s High Court provides interesting lessons on Financial Institution’s freedom to close bank accounts based on mere suspicion vs contractual obligations vis-à-vis the client.