Billions in Russian-owned assets frozen in Cayman

(CMR) The Cayman Islands has frozen billions of dollars worth of Russian assets since the establishment of a task force in March. Since 1 March 2022, the Financial Reporting Authority received 801 Compliance Reporting Forms (CRFs) related to the Russia Sanctions. Information contained in some of these forms has identified that assets valued at approximately … Continue reading Billions in Russian-owned assets frozen in Cayman