UK Sanctions Agency Delists Businessman With Ties to Russia

The U.K. this week removed sanctions from Igor Viktorovich Makarov, who was originally designated for his ties to companies in Russia’s energy sector. The U.K.’s Office of Financial Sanctions Implementation said Makarov was a director or involved with Reywood Holdings Limited (formerly ARETI International Group), Vikay Industrial Limited and Selaco Limited, all of which do business “in a sector of strategic significance to the Government of Russia.” OFSI didn’t say why it delisted Makarov.