Deutsche Bank hit with six-figure fine in UK for breaching Russia sanctions Banking Deutsche Bank has been slapped with a six-figure fine by the Treasury’s financial sanctions body for processing payments that breached sanctions on Russia. The German multinational investment bank has been handed a £160,000 fine after it was found to have authorised two payments linked to a sanctioned Russian firm between the periods of June and [...]
Von der Leyen: Russia must pay for Ukraine’s recovery Politics The European Commission has called for another package of sanctions against Russia with President Ursula von der Leyen saying: “This is Russia’s war, and it is Russia that should pay.” During her 2025 ‘State of the Union’ address, von der Leyen emphasised that European taxpayers should not be the only ones bearing the brunt of [...]
‘Publicity stunt’ claims against Shapps as Abramovich ally’s sanctions challenge fails at top court Legal Eugene Shvidler claims the Supreme Court rejection of his UK sanctions appeal brings him back to the USSR 36 years after he left 'as a stateless refugee'
Israeli ministers face UK sanctions over Gaza stance June 10, 2025 Israeli ministers Itamar Ben-Gvir and Bezalel Smotrich were sanctioned by the UK government over “monstrous” comments on Gaza and the use of violence to expand control in the West Bank. Ben-Gvir, Israeli security minister, and Smotrich, the finance minister, will face financial sanctions – their assets will be frozen – as well as a travel [...]
Russia is running rings around our sanction regime June 6, 2025 Vigilante hackers and rogue merchant vessels are putting Britain on the back foot, while our opponents run rings around our current sanctions list. A broader legal definition of conflict would give Britain the flexibility to catch these rogue actors and keep Britain secure, says Robert Buckland Earlier this week, the government released its Strategic Defence [...]
Calls to overhaul UK’s ‘outdated’ sanctions regime June 5, 2025 Experts are calling for an overhaul of the UK’s “outdated” sanctions regime, which is “ill-equipped” to face modern forms of crime and conflict. Former justice secretary Robert Buckland has argued for reforming the UK sanctions system to better suit modern threats, writing in a report by the Adam Smith Institute (ASI). The Sanctions and Anti-Money [...]
City law firm fined over £400,000 for Russian sanctions breaches March 21, 2025 Law firm Herbert Smith Freehills was hit with a £465,000 penalty after breaching UK financial sanctions imposed on Russia
Sanctions: Kremlin-linked oligarchs hit by UK regime on ‘grim milestone’ of war February 24, 2025 The UK is extending its sanctions regime against Russia as it marks the “grim milestone” of the third anniversary of the invasion of Ukraine. Ministers have unveiled the largest sanctions package against Russia since 2022, with 107 new sanctions targeting Russian military supply chains, third-country supporters and revenue and profits fuelling the war chest and [...]
UK to unveil new Russia sanctions to mark three years of Ukraine war February 23, 2025 The UK will unveil new sanctions to “turn the screws” on Russia as it marks three years since Moscow’s invasion of Ukraine. David Lammy said he would announce the sanctions, which he called the largest package of measures since the early days of the conflict, on Monday to coincide with the anniversary. The foreign secretary [...]
Russia sanctions under spotlight in landmark case with Abramovich ally January 15, 2025 UK Russian sanctions will be under the scope at the Supreme Court today as Eugene Shvidler seeks to remove the sanctions against him