9 d. ago Former Russian minister found guilty of breaching sanctions in UK first

“We are resolutely committed to increasing pressure on Putin, his cronies, and all those who aid his barbaric war in Ukraine."

Politics

9 d. ago Former Russian minister found guilty of breaching UK sanctions

Dmitrii Ovsiannikov was found guilty at Southwark Crown Court of six out of seven counts of circumventing sanctions.

Politics

2 w. ago ‘International man of mystery’ denies aiding Russia sanctions breach, court told

Dmitrii Ovsiannikov, 48, the former mayor of Sevastopol in occupied Crimea, is facing seven counts of circumventing sanctions.

Events

2 w. ago Ukraine war briefing: Trump sanctions threat on Russian oil buyers could hit China, India

Trump threatens Putin over ceasefire; Russia claims it has taken control of a Donetsk village. What we know on day 1,132China and India could be affected if Donald Trump introduces tariffs of 25-50% against countries buying Russian oil, analysts and officials have suggested. Dan Sabbagh reports that the US president told NBC he would impose such measures within a month “if a deal isn’t made, and if I think it was Russia’s fault”, as he vented frustration at Vladimir Putin’s delaying tactics and attempts to discredit Volodymyr Zelenskyy, the Ukrainian president.Some countries, including China and India, are not participating in anti-war sanctions against Russian oil. Secondary sanctions or tariffs imposed directly on them by the US could further limit Putin’s access to oil revenue to fund the war. While not joining the international sanctions against Russia, China has been wary about breaching them in case it attracts secondary penalties. Some Chinese banks, for example, have curtail...

Events

4 w. ago Elite London law firm fined £465,000 for Russian sanctions breaches

Former Moscow office of Herbert Smith Freehills made six payments totalling £3.9m to sanctioned banksHerbert Smith Freehills, the elite global law firm based in London, has been fined by the British government after its former Moscow office made millions of pounds in payments to sanctioned Russian banks.The Office of Financial Sanctions Implementation (OFSI), said it had imposed a penalty of £465,000 on HSF Moscow, which was a subsidiary of HSF London until its closure in 2022 after Russia’s invasion of Ukraine. Continue reading...

Economics

4 w. ago City law firm Herbert Smith Freehills fined over Russia sanctions breaches

The Office of Financial Sanctions Implementation fined the company £465,000 over payments to Russian banks.

Politics

4 w. ago Herbert Smith Freehills fined £465,000 over Russia sanction breaches

Treasury says law firm’s Moscow division paid £3.9mn to designated entities

Economics

4 w. ago Herbert Smith Freehills fined £465,000 over Russia sanctions breaches

Treasury says law firm’s Moscow division paid £3.9mn to designated entities

Economics

last month Russian politician had his children's £40,000 UK private school fees paid for by his brother

Dmitrii Ovsiannikov, 48, accepted the cash from Alexei Owsjanikow, 46, and his wife paid him another £76,000, it is claimed.

Economics