Money Laundering Bulletin
EU extends Crimea and Sevastopol sanctions, issues guidance on Russian restrictions
On 18 December, the Council of the European Union announced [1] that it would be imposing “substantial” additional sanctions on investment, services and trade with Crimea and Sevastopol to reinforce the EU’s policy of not recognising those territories. Susannah Cogman of Herbert Smith Freehills examines the new measures.