Tag: Corruption

On 8 March 2022, the UK introduced new sanctions preventing Russian companies in the aviation and/or space industries from accessing the UK insurance and reinsurance market directly or indirectly. Initially announced on 3 March 2022, the measures seek to “further tighten the growing economic pressure on Russia” and to ensure that the UK is “in line with sanctions imposed by [its] allies.” The New Aviation Insurance Restrictions The new reg 29A of the Russia (Sanctions) (EU Exit) Regulations 2019 prohibits…

A number of states and international actors have unveiled further sanctions measures on Russia in relation to its activities in or in relation to Ukraine. In a previous post, we outlined the initial measures imposed by the US and UK on Russia in relation to its recognition of Donetsk and Luhansk. We consider below the further actions taken by the US, EU, UK, and Australia in this regard. US On 22 February 2022, the US issued the following additional sanctions…