Kyrgyz Keremet Bank: Goodbye Visa
The Kyrgyz Keremet Bank, which was sanctioned by the US in January, announced that from 4PM.00 on 28 February, Visa payment cards issued by the bank will completely cease to…
UK lifted sanctions against a businessman linked to Russia
The UK lifted sanctions against a businessman linked to Russia The British Office of Financial Sanctions Implementation has excluded Swiss citizen Francois Edouard Mauron from the "Russian" part of the…
Central Bank of Russia assessed the impact of recent sanctions
The Central Bank of Russia has assessed the impact of recent sanctions The Central Bank of Russia, in its commentary on its medium-term macroeconomic forecast published on February 26, said:…
EU Court of Justice rejected the request to lift sanctions against the wife of billionaire Melnichenko
The Court of the European Union rejected the request to lift sanctions against the wife of billionaire Melnichenko On February 26, the European Court of Justice rejected lifting EU sanctions…
US businessman sentenced for supplying sanctioned goods to Iran
The US businessman, Ray Hunt, has been sentenced to five years in prison for supplying sanctioned goods to Iran. According to the US Department of Justice, he violated the International…
The United States imposes sanctions on Iran’s shadow fleet
The Treasury Department's Office of Foreign Assets Control (OFAC) and the US Department of State have sanctioned more than 30 individuals and ships in several countries for their involvement in…
Israeli businessman sentenced to prison for exporting aircraft parts from the US to Russia
Israeli businessman Gal Haimovich, aged 49, has been sentenced to two years' imprisonment for bypassing US sanctions and exporting aircraft parts and aviation equipment from US suppliers to Russia. He…
The largest Russian pipe manufacturer wants to bankrupt entities associated with the PSI Group
The largest Russian pipe manufacturer, PJSC Pipe Metallurgical Company (TMK), has officially announced its intention to file lawsuits declaring the Russian companies PSI LLC, Orekhsoft LLC and Progress LLC bankrupt.…
Deripaska sues online media over a publication regarding circumventing sanctions
Russian billionaire Oleg Deripaska has filed a lawsuit with a court to protect his honour, dignity and business reputation from The Insider, a Latvian-registered media outlet. The businessman has demanded…
Canada imposes sanctions on entities linked to the Russian Volga-Dnepr
On February 14, the Government of Canada imposed sanctions on two subsidiaries of the Russian airline Volga-Dnepr: Volga-Dnepr Airlines (Ireland) Limited and Volga-Dnepr Logistics B.V Volga-Dnepr is one of the…