Worldwide
Payment services company Qiwi has been granted an extension by Nasdaq to complete the restructuring of its business, according to a statement [https://investor.qiwi.com/news-and-events/press-releases/4108575] from the payment system's press service. The company aims to finalize the separation of its business into Russian and
Worldwide
The European Commission has modified [https://finance.ec.europa.eu/system/files/2023-09/faqs-sanctions-russia-consolidated_en_0.pdf] its interpretation of the ban on importing items into the EU by citizens of Russia. Namely, the European Commission clarified its stance regarding whether Russians can temporarily bring personal items and cars into
Worldwide
Estonia has imposed a ban on vehicles with Russian license plates from entering the country. With this move, all three Baltic States, Estonia, Latvia, and Lithuania, have aligned with the recommendations from the European Commission. > Starting from today, in 1⃣6⃣ minutes to be precise, #Estonia [https://twitter.com/
Worldwide
Citibank, the Russian subsidiary of one of Wall Street's largest banks, Citigroup Inc., announced the closure of its ATM network, as reported by Moscow Times. In a statement to clients, the bank confirmed that all ATMs would be dismantled by the end of 2023. Most customer transactions will
Worldwide
In a meeting held in Warsaw, the heads of the Interior Ministries of Poland and the Baltic States reached an agreement on the conditions under which they would consider closing their borders with Belarus, as reported by RMF24. There are two criteria for making such a decision: * Armed incidents or
Worldwide
German software developer SAP is definitively discontinuing support for its solutions in Russia by the end of 2023, as reported by Kommersant, citing a letter from the company to its Russian partners. In the letter, SAP indicated that it would cut off support for its software by December 31, 2023.
Worldwide
In response to recent financial sanctions, the cryptocurrency exchange OKX has restricted its users from conducting transactions with the Russian ruble on its P2P platform. This move follows OKX's earlier decision to halt transactions involving accounts associated with sanctioned banks such as Sberbank, Tinkoff, and Alfa-Bank. The platform&
Worldwide
Canada will disconnect Russia's top 4 major mobile operators from roaming services. MTS, MegaFon, Tele2, and Beeline will be left without communication services. Canadian mobile operators have terminated or are preparing to terminate roaming agreements with the "big four". This information is reported by the Russian
Worldwide
The Russian branch of Google has accumulated debts to creditors in the country totaling more than 20.1 billion rubles. This information has been confirmed by TASS, relying on data obtained after the first creditors' meeting. As of the August 22 meeting, the overall claims against Google reached 20.
Worldwide
The United States has extended sanctions [https://ofac.treasury.gov/recent-actions/20230809] to cover both entities and individuals in Belarus, as reported by the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury. Among the entities subject to sanctions is the national airline of Belarus, Belavia.
Worldwide
Cryptocurrency exchange Binance is considering the possibility of withdrawing from the Russian market, as reported by The Wall Street Journal (WSJ), citing a company representative. According to the August 28th report by The Wall Street Journal, the Binance representative stated that the exchange is exploring all options concerning Russia, including
Worldwide
Switzerland has announced [https://www.admin.ch/gov/en/start/documentation/media-releases.msg-id-97364.html] the implementation of a new set of sanctions against Russia in response to its full-scale war against Ukraine. Effective from August 16th, these measures include a ban on the export of dual-use goods and items that