New EU Sanctions Framework against Russia introduced
The EU introduced a new sanctions framework against Russia, adopting a more proactive and comprehensive approach to counter Russia’s destabilising activities abroad.
Key measures include:
Sanctions and designations targeting individuals and entities involved in hostile actions threatening the EU's security;
Addressing new hybrid threats including cyber-attacks and sabotage of economic activities;
Restrictions on those engaging in financial or political destabilisation.
Firms should review the new framework to ensure compliance with the updated sanctions and restrictions.
✅ Sanctions continue to play a vital role in the industry, highlighting the importance for firms to maintain robust controls. Plenitude’s Tech and Data Service assists firm in the end to end validation of screening and monitoring platforms to identify gaps in risk coverage and options for improving efficiency and effectiveness. Visit our website to learn more: https://www.plenitudeconsulting.com/expertise/sanctions
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