Anna Bradshaw was interviewed by DW News about the EU’s latest package of sanctions against Russia, discussing why sanctions so far have not had the desired effect of crippling the Russian economy so that it would not be able to afford the war in Ukraine. Anna spoke on the continuing development of so-called ‘smart’ sanctions, […]
Lev Khasis, the former First Deputy Chairman of PJSC Sberbank, was removed from the UK’s Russia sanctions list today, after a request for ministerial review was submitted by Peters & Peters to the Foreign, Commonwealth and Development Office. Mr Khasis had resigned his position at Sberbank before Russia invaded Ukraine. He was listed […]
Compared to a year ago, it looks like trading revenue in Wall Street has slumped. However, there is a rarely mentioned reason for last year’s boom: a billion-dollar windfall that went from Russia through some of the former Soviet republics into the hands of Wall Street’s currency traders. According to a Bloomberg article, as companies […]
Last month, judgment was given in Eugene Shvidler v Secretary of State for Foreign, Commonwealth and Development Affairs, the first case to come before the English courts challenging the designation of a person under the Sanctions and Anti-Money Laundering Act 2018. In this article for LexisNexis Corporate Crime expert, Kerri McGuigan and Liam Lane (who […]
Turkey is a NATO member, an EU candidate country, and a US ally against terrorism in the Middle East, but it has also been described as a “hub for Russia sanctions violations”. The country has not joined its fellow NATO members in imposing sanctions on Russia, and, since the start of the invasion of Ukraine, […]
Anna Bradshaw and Alistair Jones have contributed a chapter to Global Investigations Review‘s Guide to Sanctions, which is in its fourth edition. The guide is written by contributors from the expanding field of sanctions enforcement and dissects the topic in a practical fashion, from every stakeholder’s perspective. The chapter that Anna and Alistair wrote, ‘Representing […]
On Monday 20 November, Michael O’Kane and Maya Lester KC, from Brick Court Chambers, (for their newly relaunched site globalsanctions.co.uk) spoke at a webinar with the UK government on the test for ‘ownership and control’ by designated persons in UK sanctions law. Discussion included the government’s recent guidance on ownership and control, the Court of […]
Earlier this month, the UK government announced the creation of a new agency to crack down on companies dodging trade sanctions. The Office of Trade Sanctions Implementation (OTSI) will be responsible for the civil enforcement of trade sanctions, including those that have been imposed on Russia since the war in Ukraine started. The new unit […]
Last month, the UK’s Foreign, Commonwealth and Development Office, together with the Office of Financial Sanctions Implementation (OFSI), issued joint guidance on their approach to the ‘ownership and control test’, which determines the scope of UK asset freeze sanctions. Guidance alone is, however, unlikely to address the problems caused by the UK’s ownership and control […]
Anna Bradshaw and Alistair Jones publish in-depth analysis of the current state of play of the UK’s ownership and control test in leading industry publication WorldECR, the Journal of Export Controls and Sanctions (see issue #125). They assess the combined impact of the Court of Appeal’s comments in Mints on 6 October, the High Court’s […]
