By Sam Tabahriti and Alistair Smout
THE UK has imposed sanctions on the banking arm of Russian firm Yandex, two other lenders and dozens of vessels accused of exporting Russian oil and gas, and a covert military procurement network.
The package aims to step up pressure on financial and logistics networks helping the Kremlin in its war in Ukraine. One of Russia’s largest insurers, Rosgosstrakh, was also targeted.
Subscribe now to have unlimited access
With our membership subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
