VNESHPROMBANK LLC v GEORGY IVANOVICH BEDZHAMOV AND BETWEEN LYUBOV KIREEVA (AS BANKRUPTCY TRUSTEE OF GEORGY BEDZHAMOV) v GEORGY BEDZHAMOV

[2024] Lloyd's Rep. FC Plus 15

CHANCERY DIVISION

Before Mrs Justice Cockerill , and Master Kaye

Application for declaration - Legal test for establishing a "reasonable cause to suspect" that an entity is owned or controlled by Designated Persons within meaning of regulations 5 and 6 of the Russian (Sanctions) (EU Exit) Regulations 2019 (SI 2019 No 855) designation - Whether the existence of a "reasonable cause to suspect" is enough to establish an offence under the 2019 Regulations.