Legal News

Ukraine conflict—US Treasury launches multilateral Russian oligarch task force

Published on: 16 March 2022
Published by LNB News

LNB News 16/03/2022

Document Information

Issue Date: 16 March 2022

Published Date: 16 March 2022

Jurisdiction(s): United Kingdom

Article summary

The US Departments of Treasury and Justice have launched a multilateral Russian oligarch task force with representatives from Australia, Canada, Germany, France, Italy, Japan, the UK, and the European Commission. The task force will consist of the Finance Ministry and Justice or Home Ministry in each member jurisdiction and will be committed to using their respective authorities in concert with other appropriate ministries to collect and share information to take actions, including sanctions, asset freezing, and civil and criminal asset seizure, and criminal prosecution.

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