Tag: Operation Hektor

Cayman freezes US$8.35B of assets under Russian sanctions

Cayman freezes US$8.35B of assets under Russian sanctions

| 13/11/2024 | 18 Comments

(CNS): The Cayman Islands Government (CIG) established a Russia Sanctions Task Force on 16 March 2022, almost two years ago. The task force, known as Operation Hektor, is chaired by Financial Reporting Authority (FRA) Director R.J. Berry. It was formed to coordinate, identify, and make policy amendments to implement sanctions on the Russian regime.

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