OFAC explains what to do with the Russian “Exit Tax”
The US Department of the Treasury's Office of Foreign Assets Control has published an answer to the question about what American companies should do if they decide to leave the…
EU launched a free service to help with compliance with sanctions
The European Commission has launched a free online service to assist small and medium-sized businesses (SMEs) in complying with sanctions. The service, called the EU Sanctions Helpdesk, is free for…
Russian businessman Zingarevich to sell 30% of the shares of Bulgarian FC Botev
Russian businessman Anton Zingarevich, who was sanctioned by Bulgaria, announced the sale of 30% of shares in the local football club Botev. Now, the businessman has majority control over the…
The EU Court decided to lift sanctions against the family of Russian businessman Pumpyanskiy
The European Court of Justice has decided to lift sanctions against Dmitry Pumpyanskiy and his family, including his wife, Galina, and son, Dmitry. European Union imposed sanctions on the businessman…
The Court of the EU rejected the claim of businessman Timchenko
The Court of the European Union has refused to lift sanctions against businessman Timchenko. The European Court of Justice refused to lift the sanctions imposed on Gennady Timchenko and his…
Russian court supports a Spanish company in a dispute with a Russian billionaire’s company
The Moscow Arbitration Court has put an end to the dispute between the Russian company Concept Group and the Spanish Nextail Labs SL. The Concept Group, a company controlled by…
German customs blocks the supply of expensive cars to Russia
German customs have blocked the supply channels for expensive cars to Russia. In Germany, search and seizure operations have been carried out on assets related to the supply of expensive…
Russia returns local assets to the management of Ariston Holding NV
The Italian corporation Ariston Holding NV issued a statement after Russian President Vladimir Putin canceled on March 26 the decision to transfer the Russian assets of Ariston (Ariston Thermo Rus),…
US blocks Iran’s shadow fleet with new sanctions
The United States has imposed sanctions on Iran's shadow fleet and a Chinese company. According to the Department of the Treasury’s Office of Foreign Assets Control (OFAC), part of the…
The daughters of Russian businessman Mikhail Fridman were denied the lifting of Canadian sanctions
The Federal Court of Canada has ruled on the claim of the daughters of Russian businessman Mikhail Fridman, Laura and Katia. The businessman's daughters asked to be excluded from the…