Last year, the Seimas adopted amendments to the citizenship law, providing for the possibility of depriving Latvian citizenship of persons who provide significant support for Russia’s war against Ukraine. BZS expects that Ukraine will be able to provide Latvia with information about whether Aven actively supported the war. As Zviedris explained, Ukraine is currently investigating … Read more
When the US Department of Justice filed a lawsuit to confiscate the real estate of a Russian businessman in February 2024, it was acting against an alleged violator of US sanctions. The object of interest of US law enforcement agencies were two apartments in Bal Harbor, a prestigious suburb of Miami (Florida), which formally belonged … Read more
Due to the fear of expropriation, the Salzburg-based Spar trading group is withdrawing assets from Hungary, as part of which they have given part of the asset management rights to the management of their subsidiaries in Northern Italy, Slovenia, Croatia and the Swiss market contributing to the market here, said Hans Reisch, Spar Austria. group … Read more