THE CAYMAN ISLANDS HAS FROZEN ASSETS WORTH $7.3 BILLION UNDER THE RUSSIA SANCTIONS AND ESTABLISHED A “TASK FORCE”

On 7 April, the Cayman Compass reported that Cayman applies UK sanctions and the Cayman Islands government has established a task force to coordinate the implementation of the sanctions imposed on Russia, in response to its war in Ukraine.

https://www.caymancompass.com/2022/04/07/cayman-freezes-us7-3-billion-in-russian-assets/

https://www.gov.ky/news/press-release-details/government-joint-task-force-on-russia-sanctions-established

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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