So my laucher stopped working for some reason even though it worked perfrectly before. I looked through all FAQs and forum reports, installed and reinstalled everything that was suspected to cause problems and nothing helped.
I suspect two Windows update to be the problem which I installed in order to Dishonored 2 to start working (KB3020369 and KB3172605).
https://www.microsoft.com/en-us/download/details.aspx?id=46817
https://www.microsoft.com/en-us/download/details.aspx?id=53332
I tried removing them but it turned out that KB3020369 cannot be removed; launcher will still crash after removal of KB3172605. DXdiag and other required files are attached below.
P.S. - the game does start via arma3.exe but I cannot configure and manage mods downloaded from the workshop, so I cannot play online.
{F73502}
{F73503}