British High Court Authorizes Money Judgement in Favor of a Bank Subject... In a recent judgment, British High Court of Justice ruled on an application for a stay and discharge… 29 January 2023 Read More
Gazprombank (Russia) will cease processing transactions in USD January 2023. Gazprombank (Russia) was notified by two major US banks, JPMorgan Chase, and Bank of New York… 24 January 2023 Read More
European Council clarifies its prohibition on providing legal services Earlier, following the updated Art. 5n of Council Regulation 833/2014, it was prohibited to provide “legal advisory services”… 26 December 2022 Read More
National Settlement Depository to obtained a license from Ministry of Fi... December 22, 2022, Russian National Settlement Depository, the main depository of foreign securities in Russia, previously sanctioned by… 22 December 2022 Read More
Russian State Duma has prohibited to transfer collected debt money to cr... December 20, 2022, Russian Duma (lower chamber of Russian Parliament) has adopted a new bill No. 155721-8[1] amending… 21 December 2022 Read More
Luxembourg has issued a General Authorization allowing to unblock the as... December 20, 2022, Luxembourg Ministry of Finance has authorized[1] (“General Authorization”) a release of funds held by currently… 20 December 2022 Read More
EU Adopts Directive on 15% minimal taxation imposed on big business, fol... December 12, 2022, the Council of European Union has agreed on a Directive on ensuring a global minimum… 13 December 2022 Read More
Switzerland joins EU in imposing the 8th package of sanctions against Ru... November 23, 2022, the Swiss Federal Council has updated its Order instituting measures in connection with the situation… 24 November 2022 Read More
Israel: Boycott of a Tender as Anticompetitive Conduct At the beginning of May 2022, the Supreme Court of Israel decided, having confirmed the position of the lower… 23 May 2022 Read More
