The UK government recently enacted new legislation to prevent Russian oligarchs from receiving maintenance services in the UK for their aircraft and ships – new laws that were used immediately to sanction Russian businessmen Eugene Shvidler and Oleg Tinkov. The new legislation, issued through a Statutory Instrument on March 30, 2022, also extends the finance, trade and shipping sanctions imposed on Crimea to non-government controlled territories of the Donetsk and Luhansk regions in Ukraine.
April 3, 2022
New UK legislation prohibits aircraft and ship maintenance for Russian oligarchs, extends Crimea sanctions
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