All the updated news related to financial sanctions

All the news related to financial sanctions updated in real time

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£25bn Russian assets frozen by UK since start of Ukraine war, Treasury says

Some £25 billion worth of Russian assets have been frozen by the UK Government since the start of the Ukraine war, newly-released figures have revealed. A report released by the Treasury on Friday revealed the total, which accounts for all assets ...

21 Mar 2025 at 12:13

City

City law firm Herbert Smith Freehills fined over Russia sanctions breaches

Law firm Herbert Smith Freehills has been fined £465,000 after breaching UK financial sanctions on Russia. The City firm made a series of payments to Russian banks subject to asset freezes, according to the Office of Financial Sanctions ...

20 Mar 2025 at 12:13

Sanctioned billionaire brings High Court challenge over upkeep of London mansion

A sanctioned Russian-Israeli billionaire is bringing a High Court challenge against the UK Government over a refusal to allow payments for the upkeep of a London mansion housing an art collection. Mikhail Fridman took legal action ...

17 Oct 2023 at 14:09

Russian billionaire asks Supreme Court to stop ex-wife’s divorce case

A sanctioned Russian businessman has taken a money fight with his ex-wife to the UK’s Supreme Court in a bid to avoid what could become the highest-value divorce case in English legal history. Vladimir Potanin, estimated to be ...

31 Oct 2023 at 16:17

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