Rishi Sunak at G7 in Italy announces horde of 50 new Russia sanctions June 13, 2024 The Tory leader also announced fresh support for Ukraine in its war against the Kremlin, which has now been going on for two years and more than three months.
UK has insured £102bn worth of Russian oil despite sanctions January 24, 2024 A former Cabinet minister has called on the insurance industry to think on its obligations after it was revealed that UK firms have insured over €120bn worth of Russian oil.
Explainer: How Russia is dodging oil sanctions and what the West is doing about it January 13, 2024 G7 sanctions are slowing Russia's oil industry but the sanctions are not having the desired effect
Russia oil exploration hits record levels as Putin fights sanctions with drilling January 10, 2024 Russia's 2023 drilling volumes broke post-pandemic records
‘A crucial milestone’: EU sanctions decision paves way for Mazepin Formula 1 return March 20, 2024 Mazepin lost his seat and was sanctioned after Russia invaded Ukraine.
Kremlin seizes Danone and Carlsberg subsidiaries in latest sanctions pushback July 17, 2023 The Russian state has taken control of French yoghurt maker Danone’s Russian subsidiary along with beer company Carlsberg’s stake in a local brewer, according to a decree signed by President Vladimir Putin on Sunday. The decree said that foreign-owned stakes in Danone Russia and Baltika Breweries were being put under the “temporary management” of government property agency Rosimushchestvo. It comes after the Russian subsidiaries of Germany’s Uniper and Finland’s Fortum were taken under state control in April. The Kremlin warned [...]
UK sanctions Russia cyber gang that targeted hospitals during Covid September 7, 2023 UK sanctions have been announced against 11 members of a Russian cybercrime gang behind the hacking of hospitals during the coronavirus pandemic. Britain and the United States acted together to slap the Russian nationals with asset freezes and travel bans, the Foreign, Commonwealth and Development Office (FCDO) said on Thursday. The so-called TrickBot Group is [...]
Santander and Lloyds reportedly helped Iran-backed oil firms evade UK sanctions February 5, 2024 The Financial Times reported that both Lloyds and Santander provided accounts to British front companies owned by Petrochemical Commercial Company (PCC).
UBS says not aware of Department of Justice probe into sanctions-related compliance failures September 30, 2023 UBS said on Saturday it was not aware of a probe by the U.S. Department of Justice into alleged sanctions-related compliance failures, after a media report earlier this week.
UBS shares slip after report of US sanctions probe into Credit Suisse September 27, 2023 Shares in UBS slipped today after a report suggested that Credit Suisse is at the centre of a US probe into potential sanctions breaches.