On March 20, 2025, the U.K.’s Office of Financial Sanctions Implementation (OFSI) announced that, in accordance with section 146 of the Policing ...

Deposit interest rates are monitored by the regulator in Sberbank, VTB, Gazprombank, Sovcombank, Credit Bank of Moscow, Alfa-Bank, Post Bank, Promsvyazbank, T-Bank, and the Russian Agricultural Bank ...

The share of foreign investments in Russian OFZ bonds dropped to 3.9% for the first time since January 2012, the Central Bank informed ...

Russian-Latvian dual citizen and billionaire Petr Aven has received authorization to transfer 235.9 million euros into a ...

Herbert Smith Freehills (HSF) has been fined £465,000 by the UK government for sanctions breaches related to Russia, with payments made to banks the subject of ...

One of the world’s biggest law firms, Herbert Smith Freehills (HSF), has been fined £465,000 for breaking UK financial ...

The firm voluntarily reported the breaches to the OFSI, although the UK's Treasury body said it must remain "steadfast" in ...

City firm Herbert Smith Freehills has been fined £465,000 after breaching UK financial sanctions on Russia. It is the first ...

The U.K. Office of Financial Sanctions Implementation fined Herbert Smith Freehills' former subsidiary—HSF Moscow—for breaches of financial sanctions imposed on Russia in connection with the invasion ...

Explore how new U.S. restrictions on Russian oil and banking impact global markets, crude prices, and geopolitical negotiations.