StoneTurn was engaged by Counsel of a large global infrastructure fund to provide sanctions guidance in relation to earlier due diligence work in light of Russia’s invasion of Ukraine. Our Client wanted to understand the changing ownership structures of a number of Russian entities in the telecommunications sector in the context of a fluid sanctions enforcement environment. We provided sanctions guidance with information in public records and other official watch lists. This information helped identify potential sanctions risks in the client’s infrastructure portfolio and ensure proactive steps were taken to minimize commercial exposure in Russia.