An Update on the Sanctions Measures Against Russia

2022-05-04T08:05:51+00:00

This article was written by Kate Burt, Head of Risk and Compliance at Legl and experienced solicitor/ consultant. It’s been nine weeks since the Russian invasion of Ukraine and, according to international news reports, the military advancement shows no sign of retreat. The latest sanctions measures were designed to weaken the Kremlin’s ability to finance the war and to impose clear economic and political costs on Russia’s political elite. This issue was covered in my previous article on the subject. Since then, there have been two further statutory instruments enacted since that article, which relate to sanctions on trade and bring the number [...]

An Update on the Sanctions Measures Against Russia2022-05-04T08:05:51+00:00

The Impact of UK Sanctions on Russia for Law Firms

2022-04-05T09:43:09+00:00

The UK government and governments around the world have imposed additional and far-reaching sanctions with the aim to persuade Russia to withdraw their position threatening the stability and sovereignty of Ukraine. Obligations in relation to financial sanctions is not a new burden on UK law firms. Firms should already have robust policies, controls and procedures in place to prevent breaches of sanctions legislation. What is new, brought about by Russia’s invasion of Ukraine in recent weeks, is the rapid pace of amendments to existing legislation resulting in an unprecedented increase in individuals and entities added to sanctions lists and well as the fast-tracking [...]

The Impact of UK Sanctions on Russia for Law Firms2022-04-05T09:43:09+00:00
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