Topic: Asset freezing

The House of Commons on Monday rejected a number of amendments to the country’s new economic crime prevention legislation.

05 September 2023

Moscow’s draconian regulations force Western companies to sell their Russian assets at an extreme discount and tack on a special tax to the sale. Meanwhile, the US wants companies to apply for a special licence to divest their Russian assets. Lawyers say the conflicting rules are hard to navigate.

11 August 2023

A London court has agreed to appoint an independent manager to oversee properties linked to the daughter of the former president of Uzbekistan that the Serious Fraud Office is trying to seize.

09 August 2023

25 July 2023

The Office of Foreign Assets Control de-listed two former Russian bank board members who sued the US government arguing that they were wrongfully sanctioned.

21 July 2023

05 July 2023

Tarek Obaid denied having a breakdown in communication with BakerHostetler but admitted he had limited his contact with the firm to “stop his meter from running”.

17 May 2023

17 May 2023

Prosecutors also charged a Russian national with smuggling espionage equipment from the US to Russia and North Korea in violation of export controls.

24 February 2023

A Ukrainian court has frozen the bank accounts of a local subsidiary of Swiss-headquartered iron ore producer Ferrexpo at the request of Ukraine’s Office of the Prosecutor General.

07 February 2023