Tag: Smitri Allikas

EU’s 19th Russia Sanctions Hit Payeer With Full Transaction Ban

Sanctions tamir -
The EU’s 19th sanctions package (23 Oct 2025) imposes a transaction ban on Russian-linked payment platform Payeer, alongside several third-country financial operators aiding circumvention. EU operators must cease dealings; a brief wind-down for Payeer runs to 25 Nov 2025. Lithuania had already fined Payeer UAB in 2024 for sanctions/AML breaches .