Seizing companies’ assets would take Russia back to Bolshevik revolution, Putin ally says March 12, 2022 Russian mining billionaire Vladimir Potanin has warned Putin against seizing control of assets owned by the foreign firms that have exited Russia, after arguing that doing so would drag Russia back to the time of the Bolshevik revolution. Multi-billionaire mining magnate Potanin, who in 2018 appeared on the US Treasury’s list of 210 individuals with [...]
US law firm Squire Patton Boggs drops Russia’s Gazprombank as client March 12, 2022 US law firm Squire Patton Boggs has dropped Russia’s Gazprombank as a client, after closing its Moscow offices. Squire Patton Boggs’ decision to exit its relationship with Russia’s third largest bank comes after the US law firm was hired by Gazprombank in 2014 to lobby against US sanctions, following Russia’s annexation of Crimea. Gazprombank’s relationship [...]
Russia to block Instagram on Monday after branding Meta an ‘extremist organisation’ March 12, 2022 The Kremlin has told Russian Instagram users they have until the end of the weekend to transfer any photos or videos they have saved on the social platform, onto their own computers, after confirming Instagram will be “definitively blocked” from midnight on Monday. The comments come after Russia’s media watchdog, Roskomnadzor, said it will be [...]
US vows to target crypto exchanges that allow sanctioned oligarchs to use their services March 12, 2022 The US has said it plans to target cryptocurrency exchanges that help sanctioned oligarchs move dirty money. The US Department of Justice’s (DoJ’s) KleptoCapture taskforce, which was set up this month to enforce sanctions on Russian oligarchs, is set to prosecute banks and cryptocurrency exchanges that fail to prevent sanctioned individuals from using their services. [...]
Law giant CMS closes Moscow offices after coming under fire for links to oligarchs March 11, 2022 European law giant CMS has said it will close its Moscow offices and withdraw from the Russian market, after Conservative MP Bob Seely named CMS partner Geraldine Proudler as one of four “amoral” lawyers working for oligarchs to silence the press. In a post on Linkedin today, the law firm said it had decided that [...]
European law giant CMS hikes salaries for London and UK trainees March 11, 2022 European law giant CMS has given all of its UK trainees a pay rise. The law firm said its London trainees will get a five per cent pay rise, which will see first year salaries upped to £46,725 a year, and second year salaries rise to £52,5250, CMS told City PM The law firm will [...]
Google settles libel lawsuit with Tory MP over defamatory ‘paedophile’ advert March 11, 2022 Google has settled a libel lawsuit brought forward by Conservative party MP Lee Anderson, after the tech company displayed adverts falsely accusing Anderson of protecting peadophiles. Google Ireland issued an apology to Anderson and settled the case out of court, after it hosted a political advert from campaign group “Keeping Kids Safe” on political news [...]
Kremlin threatens to take control of assets owned by multinationals that exited Russia over Ukraine March 11, 2022 The Kremlin has threatened to take control of assets owned by multinational companies that have pulled out of Russia in response to the country’s invasion of Ukraine. Speaking to President Putin yesterday, Russia’s prime minister Mikhail Mishustin said he had prepared a draft law which would allow the Russian government to take control of assets [...]
Metropolitan Police did breach rights of organisers of Sarah Everard vigil, High Court rules March 11, 2022 The Metropolitan Police breached the rights of organisers of a vigil for Sarah Everard with its handling of the planned event, High Court judges ruled this morning. Reclaim These Streets (RTS) proposed a socially-distanced vigil for the 33-year-old, who was murdered by former Met officer Wayne Couzens, near to where she went missing in Clapham, [...]
UK data watchdog fines Tuckers Solicitors £98,000 after hacker leaked legal papers onto dark web March 10, 2022 The UK government’s data regulator has fined London headquartered law firm Tuckers Solicitors £98,000 for failing to properly look after its clients data, after a cyberattack saw almost a million legal documents stolen and leaked onto the dark web. The UK government’s Information Commissioner’s Office (ICO) said the criminal solicitors firm – which has offices [...]
