Nordic energy company Gasum ceases LNG purchases from Russia
The energy company, which is based in Finland, Sweden and Norway, claimed that it had stopped all purchases of LNG from Russia due to EU sanctions imposed on June 24th,…
State Street to pay $7,452,501 for violations of the OFAC sanctions
The U.S. Treasury's Office of Foreign Assets Control (OFAC), has announced a settlement with State Street Bank and Trust Company in the amount of $7,452,501. The bank agreed to settle…
Poland adds Kazakhstan’s woodworking plant to the sanctions list
Poland has added Kazakhstan's Semipalatinsk Woodworking Plant No. 1 to its sanctions list. According to the Ministry of the Interior and Administration of Poland, the company participates in the practice…
The US has defeated the Lopez Human Smuggling Organization
US officials – the Treasury's Office of Foreign Assets Control (OFAC) and the Department of Justice - have announced measures against the Lopez Human Smuggling Organisation (Lopez HSO), a transnational…
The EU adds the entity “The Base” to the EU’s Terrorist List
The Council of the European Union added the entity "The Base" to the EU's Terrorist List. The Base is a right-wing extremist organisation involved in terrorist activities, founded by Rinaldo…
Severnaya Verf vs. Wartsila Solutions: The Russian company is seeking to return millions of euros in St. Petersburg
The Arbitration Court of St. Petersburg and Leningrad Oblast ruled on a claim by the shipbuilding company, Severnaya Verft (The Northern Shipyard), which demanded 3.8 million euros from Finnish Wärtsilä…
The US sanctions Chinese citizens for supporting the DPRK’s ballistic missile program
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on six individuals and five entities from the People’s Republic of China (PRC). These persons and…
The EU bans the “asset swap” scheme with Russians
The European Commission has published explanations from the Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) . According to these explanations, neither legal entities nor individuals…
Polish officials inspect the company WSK Poznań by components for Iranian drones
The Polish company WSK Poznań Sp. z o.o has stated that the Prosecutor's Office is investigating the export of its products to Iran. The management of WSK Poznań has claimed…
The US hits three key ISIS financiers in Africa
The United States has imposed sanctions on three individuals associated with the Islamic State of Iraq and Syria (ISIS) in Africa. These individuals have been designated as key financiers by…