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.

The Client Alert mentioned is here –

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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