NEW SANCTIONS ON RUSSIAN BUSINESSMEN: IMPACT ON INVESTMENT FUNDS

On 9th April, law firm Akin Gump Strauss Hauer & Feld LLP published an article saying that the firm was analysing the effects of these orders and has circulated a client alert which explains the new sanctions in detail, but the article below a few points specific to investment funds given the potentially huge impact of these sanctions on the industry and the magnitude of the economic interests they affect.

https://www.jdsupra.com/legalnews/new-sanctions-on-russian-businessmen-91036/

The Client Alert mentioned is here –

https://www.jdsupra.com/post/documentViewer.aspx?fid=4511DEF5-E5F7-4209-AEE2-3FE59CDF5358

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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