UK hints at fresh sanctions after Navalny’s death in Russia February 18, 2024 The UK could launch fresh sanctions against Russia in response to the death of jailed Russian dissident Alexei Navalny, the foreign secretary hinted.
Over 100 UK companies admit to breaching Russia sanctions November 6, 2023 Nearly 130 UK companies have admitted to breaching Russia-related sanctions, new data has revealed, raising the prospect of a wave of corporate penalties being issued by the UK's sanctions enforcement agency.
KPMG and former sanctioned partner hit with legal action by convicted property developer April 29, 2024 Big Four consultancy firms KPMG and former partner has been hit with legal action by bankrupt Manchester-based property developer
Russia bans managing partner of City firm Fieldfisher for Kremlin sanction work April 19, 2024 The Foreign Ministry of Russia has banned several British lawyers from Fieldfisher including the firm's managing partner for their role in applying the mechanism of sanctions against the country
Oligarch: Putin and Russia won’t be stopped by ineffective sanctions September 26, 2023 Oligarch Oleg Deripaska said Russia and Putin have weathered Western sanctions imposed over the invasion of Ukraine
New unit to clamp down on firms dodging Russian trade sanctions December 11, 2023 A new government unit is being set up to crack down on companies flouting Russian trade sanctions and funding its invasion of Ukraine. The office of trade sanctions implementation will issue civil penalties for breaches and refer cases to HM Revenue and Customs for criminal enforcement, industry and economic security minister Nusrat Ghani announced. The [...]
EY UK sanctioned for breaching fee cap with Abramovich-owned Russian miner Evraz August 7, 2024 EY has been issued a financial sanction by the accountancy regulator for failing to comply with fee cap with Russian mining group Evraz.
Woodford investors set for £230m payout as judge sanction compensation scheme February 9, 2024 Investors in Neil Woodford’s collapsed investment fund are set for £230m in payouts after a court approved a controversial redress scheme today.
Most challenger banks admit to only ‘occasional’ sanctions screening August 23, 2023 More than half of challenger banks have admitted to only performing occasional sanctions checks, according to a recent survey. Only a quarter of the challenger banks it surveyed said they always perform the appropriate screening processes. A total of 54 per cent of challenger banks admitted to performing checks regarding sanctions or politically exposed persons [...]
Sanctioned Russian oligarch wins appeal in multibillion-dollar London divorce battle January 31, 2024 A sanctioned Russian oligarch will be able to hold on to his $20bn fortune for a little while longer after the Supreme Court today ruled against his ex-wife in a long-running divorce battle.