The European Union is serious when it comes to sanctions against Russia. Recently, new decisions were made to impose sanctions on five individuals and four organizations supporting the country's 'shadow fleet'. Among them are businessmen linked to 'Rosneft' and 'Lukoil', as well as shipping companies from various countries.
Sanctions have also been introduced against other individuals and organizations due to Russia's hybrid actions, including information manipulation and cyberattacks. Russia is now also considered a high-risk country for money laundering and terrorism financing, leading to enhanced security measures when interacting with Russian counterparties.
As a result of this decision, transactions with Russian partners will now be accompanied by enhanced scrutiny.
The European Union continues to strengthen sanctions against Russia, focusing on support for the 'shadow fleet' and the country's hybrid actions. Russia has now become a subject of increased attention regarding security and financial risks. Operations with Russian counterparties are now under strict control.