UK lists Evraz plc & issues GL for North American subsidiaries

On 5 May 2022, the UK designated steel manufacturing and mining company Evraz plc under its Russia sanctions regime. The company, which is now subject to an asset freeze, operates in “strategic sectors” in Russia and is said to produce 28% of all Russian railway wheels and 97% of rail-tracks. Notice & Press Release. In coordination with the listing, OFSI …

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About Michael O'Kane

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Michael is Senior Partner at Peters & Peters LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters LLP...

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