AML

EU Adds Entity, CEO to Russia Sanctions List

Cyprus Gaming and casino supervision commission > AML > EU Adds Entity, CEO to Russia Sanctions List

EU Adds Entity, CEO to Russia Sanctions List

  • Posted by: netinfo

The Council of the European Union adopted Council Implementing Regulation (EU) 2024/196 to amend the EU’s sanctions on Russia for its ongoing war against Ukraine.

The new designations target PJSC Alrosa and its CEO Pavel Alekseevich Marinychev. The state-owned company is sanctioned for being the largest diamond mining company in the world, and for its ties in facilitating the war against Ukraine. 

View the relevant Regulation here