The EU has recently announced an extension of its sanctions imposed in response to the situation in Ukraine.  EU leaders had previously confirmed that the duration of sanctions affecting Russia would be linked to the implementation of the Minsk Agreements, currently foreseen to be completed by 31 December 2015.  The EU has therefore taken steps […]

The following provides an overview of (a) yesterday’s addition of new names to the list of persons and entities subject to the asset freeze and travel ban; (b) clarification on the grandfathering of pre-existing contracts in relation to restricted tourism activities in Crimea and Sevastopol; and (c) some points of interest arising from the recent […]

US authorities are investigating a member of Russian President Vladimir Putin’s inner circle for money-laundering, The Wall Street Journal reported Wednesday. In a politically thorny tightening of screws on Putin’s billionaire allies, the Justice Department and New York state prosecutors are looking into whether Gennady Timchenko transferred funds linked to allegedly corrupt deals in Russia […]

On the 15th sept the GFSC advised that some amendments by the Council of the European Union to the sanctions measures in place regarding the Territorial Integrity etc. of the Ukraine and the Russian Federation have been published today with immediate effect. These amendments, which have direct effect in the Bailiwick, are as follows; Territorial Integrity […]