On the 12 February 2023, the EU Council has decided to regulate the handling of assets belonging to the Central Bank of Russia which are immobilised due to EU sanctions.

On 14 July 2015, the Joint Comprehensive Plan of Action was welcomed by China, France, Germany, the Russian Federation, the UK and the United States of America...

On 19 January 2024, the European Union published Council Regulation (EU) 2024/386, establishing a dedicated framework of restrictive measures specifically targeting individuals or entities that support.

On 13 June 2025, the Financial Action Task Force (FATF) announced that the British Virgin Islands (BVI) has been added to its Grey List of jurisdictions "under increased monitoring".

On 24 November 2016, the Direction Given By The Financial Investigation Agency (Revocation) Order, 2016 (the Order) was gazetted.

On 24 February 2022 the European Council confirmed that ten countries, including Bermuda and the BVI, will be included in Annex II of its list of non-cooperative jurisdictions for tax purposes (sometimes referred to as the EU Tax Grey List).

In the recent case of SIA Investment Industry v Pardus Wealth Ltd, the English Commercial Court ruled on the appropriate sanction to be imposed on an individual respondent...

A significant number of EU sanctions and restrictive measures on Iran related to its nuclear programme were lifted across the EU and other states following Implementation Day of the JCPOA on 16 January 2016.

In a judgment published by the British Virgin Islands ("BVI") Commercial Court this week, the Honourable Mr Justice Jack has issued fresh guidance on the circumstances...

On 2 December 2024, the Bermuda Ministry of Justice issued AML-ATF Ministerial Advisory 3/2024, emphasising the need for vigilance against money laundering and terrorist financing risks in specific jurisdictions.

The BVI Government announced this week that the Customs Duty exemption period will expire on March 31, 2018.

This guide contains a summary of the current sanctions regime imposed on Ukraine by the European Union in March 2014.

On 29 February 2024, the BVI Commercial Court handed down its much-anticipated decision in Joint Stock Company "Alfa-Bank" v Kipford Ventures Limited...

The European Commission has updated its Frequently Asked Questions on sanctions against Russia and Belarus. The consolidated version of the FAQs can be found here.

In legislative developments that took place simultaneously, both the EU and United States acted to expand the list of persons subject to economic sanctions.

On 2 April the P5+1, the European Union and Iran agreed to a framework for a Joint Comprehensive Plan of Action regarding Iran’s nuclear programme.

The British Virgin Islands Court of Appeal examines whether sanctions against a Russian bank unlawfully denied it access to justice in fraud proceedings, and whether the trial judge properly assessed the merits of joint tortfeasor liability claims under Russian law at the interlocutory stage.

This Article examines in summary whether EU-based subsidiaries of the sanctioned Russian state-owned entities listed in Council Regulation (EU) 833/2014 (Regulation 833)

As the crisis over Ukrainian sovereignty has deepened, the EU has sought to increase punitive measures on rebel groups within Ukraine and targets within Russia.

Sanctions continue to apply against Russian individuals and entities in the British Virgin Islands ("BVI"). A number of recent developments provide insight on how law firms and litigants...