MONACO CLAMPS DOWN ON RUSSIAN ASSETS AFTER UKRAINE INVASION

On 28 February, Reuters reported that Monaco will proceed with freezing assets and imposing sanctions on certain Russians following the invasion of Ukraine.  It is said that the Principality has adopted and implemented, without delay, procedures for freezing funds and economic sanctions identical to those taken by most European States, but did not say whose assets would be frozen.

https://www.investing.com/news/economy/monaco-clamps-down-on-russian-assets-after-ukraine-invasion-2774436

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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