About the Regulatory Blog and our contributors
The Regulatory Blog is an informal and up to date news and information service of key regulatory developments in our jurisdictions: the BVI, the Cayman Islands, Anguilla, Bermuda, Cyprus, and Luxembourg. We intend to include the latest financial services, anti-money laundering, sanctions and related developments within our remit.
${totalItems} results
${customFilterHeading} Showing ${showingItems} of ${totalItems} results ${searchTerm}
${facet.Name} (${facet.TotalResults})
EU extends Russia sanctions and outlines new measures to bolster enforcement
On 14 March 2025, the European Union reinforced its stance on Russia by extending restrictive measures against nearly 2,400 individuals and entities until 15 September 2025. These measures are part of the EU's continued response to Russia's actions in Ukraine.
31 Mar 2025
Update to EU Sanctions on Russia-Ukraine-Belarus (up to 14 March 2025)
European Union has issued significant and far-reaching sanctions and restrictive measures on Russia and the Russian Economy. View a table of all the sanctions here
14 Mar 2025
EU’s 16th sanctions package: Intensifying pressure on Russia
On 24 February 2025, the European Union announced its sixteenth sanctions package against Russia, reaffirming its commitment to supporting Ukraine’s sovereignty, territorial integrity, and independence. This comprehensive package intensifies economic and political pressure on Russia amidst its ongoing military aggression, now entering its fourth year. The measures target critical sectors, close loopholes, and aim to further weaken Russia’s ability to sustain its war efforts.
28 Feb 2025
UK unveils largest sanctions package against Russia since 2022
On 24 February 2025, the UK announced its most significant sanctions package since the early days of Russia's full-scale invasion of Ukraine. Marking three years since the conflict began, these measures target over 100 entities and individuals aiding Russia's war efforts, reflecting the government's commitment to securing peace and stability in Europe.
27 Feb 2025
UK targets Russian cybercrime with new sanctions
On 11 February 2025, the UK government issued a press release announcing new sanctions against ZSERVERS, a Russian cybercrime entity facilitating global ransomware attacks. The sanctions also target six key members of ZSERVERS and its UK-based front company, XHOST Internet Solutions LP.
27 Feb 2025
Update to UK Sanctions on Russia-Ukraine-Belarus (up to 24 February 2025)
Following the invasion of Ukraine by Russia, the UK Government, alongside the member states of the European Union, the United States of America and other global stakeholders issued significant new sanctions. View a table of all the sanctions here
24 Feb 2025
Financial sanctions updates from Bermuda Monetary Authority
The Bermuda Monetary Authority has recently issued important updates regarding financial sanctions. These measures mandate that financial institutions evaluate their exposure to newly listed entities, freeze any relevant assets and report their actions to the Reporting Authority.
21 Feb 2025
Financial sanctions updates from Cayman Islands’ Monetary Authority
The Cayman Islands Monetary Authority recently issued important updates regarding financial sanctions. These measures mandate that financial institutions evaluate their exposure to newly listed entities, freeze any relevant assets, and report their actions to the Reporting Authority.
17 Feb 2025
New BVI General Licence No. 8 (2024): Key updates on legal fees and reporting requirements
On 24 December 2024, the BVI published General Licence No. 8 (2024), allowing payments for reasonable professional legal fees and expenses related to designated persons under the Russia and Belarus sanctions regimes. This new licence, valid for six months, replaces earlier licences No. 3, No. 5 and No. 6, with important updates to fee caps and reporting requirements.
23 Jan 2025