Logo
Logo
  • Stories
  • Voices
  • Podcasts
  • Events
  • Search
  • Log In
  • Subscribe
  • Stories
  • Voices
  • Podcasts
  • Events

Follow Us

  • Search
  • Log In
  • Subscribe

Full coverage: Sanctions

Uncharted waters: Russian sanctions prove a conundrum in High Court shipping dispute

Four Cypriot-registered companies say they have been left in limbo over a €130 million charter deal with the Irish-registered but Russian-owned leasing company GTLK Europe.

Francesca Comyn
17th Aug, 2022 - 4 min read

“We are at the ready”: Inside the Government’s joint battle with AerCap to salvage Russia insurance cover

When European sanctions hit aircraft leasing companies’ Russian contracts, they stood to lose everything. Co-ordinated industry and diplomatic lobbying resulted in their insurers being on the hook instead, new documents reveal.

Thomas Hubert
28th Jul, 2022 - 10 min read

Accountancy giants are cutting ties with Moscow. Will this extend to the books they watch for Russian firms in Ireland?

EY and Grant Thornton are the registered auditors of Irish companies channelling multi-billion-dollar Russian interests, now targeted by international sanctions. They are severing ties with partner firms in Russia, but what will happen in Ireland is less clear.

Thomas Hubert
8th Mar, 2022 - 5 min read

Moscow and the IFSC: What are the €50bn Russian assets held in Ireland and who owns them?

The Central Bank has calculated the Russian exposure of the Irish financial system. While the headline number is huge, it largely represents funds transiting through Dublin from overseas investors – including Russians themselves.

Thomas Hubert
4th Mar, 2022 - 4 min read

War-time sanctions have finally exposed the extent of Russian money in the IFSC

The Currency has tracked €13 billion domiciled in the IFSC by sanctioned Russian firms and their subsidiaries. This money is now frozen but the Irish government is about to feel the heat over its light-touch financial regulation and willingness to look away.

Rosanna Cooney
2nd Mar, 2022 - 4 min read

Sanctioned Russian bankers resign from board of O’Brien-advised firm

Mikhail Fridman and Petr Aven, two “oligarchs” just added to the EU’s Russian sanctions list, are co-founders and shareholders of the LetterOne international investment vehicle that has Denis O’Brien on its technology advisory board.

Thomas Hubert
1st Mar, 2022 - 3 min read

Moscow and the IFSC: Expanding sanctions reveal more billion-dollar Russian assets housed in Dublin

A bank newly added to the US sanctions list raised the latest of $1.2bn in bonds in Dublin just three months ago. Meanwhile, restrictions on aircraft leasing are rattling the Irish-centred global industry.

Thomas Hubert
28th Feb, 2022 - 7 min read

Banks, cruise ships and over 100 aircraft: The Irish-based Russian assets under threat from escalating sanctions

Retaliation against Moscow’s aggression in Ukraine eight years ago curbed widespread use of the IFSC by Russian firms, but many have continued to channel billions of euro in assets through Dublin. How will Tuesday’s sanctions affect them?

Thomas Hubert
23rd Feb, 2022 - 9 min read
Logo
  • About
  • Contact
  • Terms and Conditions
  • Privacy

© 2023 Currency Media Limited

Sign In

Forgot your password?
Logo

Not a subscriber yet?

Create an account