Russian Entities and Russian Companies

Russian entities: The new tool will provide financial institutions, trading companies and investors with information on Russian companies that have come under the sanctions, their subsidiaries and associates, according to Russia Today. The service will track any corporate actions related to sanctioned entities and the issuance of new debt and equity that are restricted as a result of the sanctions via the Thomson Reuters Data Scope Select platform. The service will be updated daily from open sources and databases. It will also identify the complex subsidiary relationships of Russian entities, said Tim Lind, head of Regulatory Services at Thomson Reuters. Thomson Reuters is not the only company to have started a sanctions tracking service. Obama rolls out new sanctions on Russia, Moscow says it won't hurt"Our new Russian Sanctions Tracking Service is an excellent addition to our existing Russian Sanctions screening solution available through World-Check," said Phil Cotter, managing director, head of Risk, Thomson Reuters.A World-Check suite of products monitors over 400 sanctions, watch, and regulatory law and enforcement lists, as well as hundreds of thousands of information sources. (news.financializer.com). As reported in the news.