China designates 2 European banks in countermeasures

14 August 2025

China designates 2 European banks in countermeasurestesting/Shutterstock.com

China’s Ministry of Commerce has announced it is designating 2 European banks as a countermeasure against the EU’s sanctions on 2 Chinese banks – press release. The measures are directed at Lithuanian-based UAB Urbo...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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