Why I’ve rejected blanket ban on Russians on our crypto exchange March 8, 2022 We’re against Putin’s war – and he should be punished – but not the Russian people, says Crypto AM columnist Nigel Green.
London law firms cannot continue to quietly take Russian money and clients March 8, 2022 In the face of Russia’s invasion of Ukraine, the silence from board rooms across the City’s law firms has been deafening. For too long now, global law firms with London bases have profited from work for Russian entities and oligarchs. Now, faced with dilemmas over taking a stand publicly and shunning Russian interests, many of [...]
Eastern Ukraine holds its breath for fresh ‘large scale assault’ by Russian Army April 5, 2022 Ukrainian foreign affairs minister Dmytro Kuleba warned of a “large-scale” assault on the east and south of his country as Russian troops regroup, having been pushed back from the capital. He told reporters, during a joint press briefing with Ms Truss, that there had been “some hesitation” in the West about providing Ukraine with “all [...]
Hungary and Slovakia could be spared from Russian oil import ban amid EU divisions May 2, 2022 The European Commission could spare Hungary and Slovakia from an upcoming embargo on buying Russian oil.
Labour calls on Tories to give back £5m in Russian donations February 6, 2022 Labour has called on the Conservative party to give back £5m of Russian-linked donations it has received in the past 10 years. Shadow foreign secretary David Lammy and shadow chancellor Rachel Reeves today also called on the government to crackdown on dirty money being laundered through the City of London. The government has warned President [...]
PwC announces separation of Russian firm in first Big Four exit March 6, 2022 Pricewaterhousecoopers (PwC) will no longer have a member firm in Russia, with the multinational due to announce its decision tomorrow to separate its Russian company from the rest of its global network in the wake of Putin’s invasion of Ukraine. The move by the Big Four giant will affect 3,700 partners and staff in Russia, [...]
Behind the story: Row, row, row your Russian super yacht to the Maldives March 4, 2022 As part of the sanctions targeting powerful individuals close to the Kremlin, a full-scale operation to seize the oligarchs’ superyachts is underway. The beautiful Amore Vero (“True Love”), property of a company linked to Igor Sechin, chief exec of Rosneft, has been seized by French authorities in the port of La Ciotat. Another superyacht, owned [...]
IoD: British directors should leave posts on Russian boards immediately March 3, 2022 British directors should leave their posts on Russian boards immediately, a top business group urged today. The Institute of Directors (IoD) has appealed to the “moral duty” of all UK directors in a bid to step up the West’s freezing out of Russia from the global business community. “Although directors owe legal duties to the [...]
Dutch law firm nicknamed ‘the Kremlin office’ cuts ties with Russian government March 3, 2022 A DUTCH law firm, which came to be known as “the Kremlin office” due to the work it carried out on behalf of the Russian government, has cut its links to the Putin regime, in response to Russia’s invasion of Ukraine. Amsterdam headquartered firm Houthoff, which also has offices in the City, also vowed not [...]
Royal London and Phoenix Group review Russian investments as firms scramble to divest March 3, 2022 Royal London and Phoenix are among the latest pensions giants to announce they are reviewing their Russian investments as firms scramble to sever ties with Russia following tightened sanctions this week.