Ukraine continues sanctions against 4 subsidiaries of Russian state-owned banks

Ukrainian President Petro Poroshenko has signed Decree No 57/2018 into law, which continues sanctions for another year against 4 Ukrainian subsidiaries of Russian state-owned banks (Sberbank Public Joint Stock Company, Joint Stock Commercial Industrial-Investment Bank, PJSC VTB Bank and PJSC BM Bank). The sanctions – which were first imposed in March 2017 – prevent capital from being withdrawn from the 4 entities...