Swiss company and Russian branches removed from US sanctions list

Swiss company and Russian branches removed from US sanctions list
© Photo: Maria Novoselova/ Vestnik Kavkaza

The US Treasury Department has removed Swiss asset management firm DuLac Capital and its branches in Moscow and St. Petersburg from the anti-Russian sanctions list, effective September 3.

The department did not specify the reason for the delisting.

DuLac Capital and its Russian branches were initially added to the sanctions list in May 2023.

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