In recent weeks, the United States, European Union, and United Kingdom have taken significant steps to relax of their sanctions on Syria, paving the way for long-awaited normalization of commercial relations and...more
5/29/2025
/ Economic Sanctions ,
EU ,
Financial Institutions ,
Gulf Cooperation Council (GCC) ,
International Trade ,
Investors ,
Office of Foreign Assets Control (OFAC) ,
Regulatory Requirements ,
Syria ,
Trump Administration ,
UK
On May 20, 2025, the European Union ("EU") and the United Kingdom ("UK") adopted new sanctions targeting Russia, reflecting prior commitments to apply "further pressure on Russia to hinder its ability to wage its war of...more
Summary -
On 20 March 2025, the UK’s Serious Fraud Office (“SFO”), France’s Parquet National Financier (“PNF”) and the Office of the Attorney General of Switzerland (“OAG”) affirmed their shared commitment to tackling...more
ENQUÊTE INTERNE. L’enquête interne est un dédale. L’absence de cadre juridique de l’enquête interne pourrait s’expliquer notamment par son caractère multisectoriel. En effet, l’enquête par son déclenchement, son déroulement...more
On 24 February 2025, marking the third year of the Russian invasion of Ukraine, the European Union (“EU”) adopted the 16th package of sanctions against Russia, correspondingly aligned sanctions targeting Belarus, and...more
3/5/2025
/ Belarus ,
Crimea ,
Economic Sanctions ,
EU ,
Export Controls ,
Financial Institutions ,
International Trade ,
Regulatory Requirements ,
Russia ,
Syria ,
Trade Relations ,
Ukraine
As the year closes, the European Union (“EU”) continues to use sanctions as its foreign policy tool of choice. On December 16, 2024, the EU adopted a total of 15 texts providing for new sanctions. While the centerpiece, the...more
As part of the sanctions packages adopted against Russia and Belarus in the summer of 2024, the European Union (“EU”) introduced novel “best efforts” requirements, which seek to "hamper sanctions circumvention", by "keeping...more
BACKGROUND -
The incorporation of complex environmental and climate impacts from business operations and supply chains into human rights impact assessments and governance models is proving to be a major challenge for...more
Following the adoption of its 14th sanctions package against Russia, the European Union ("EU") extended the scope of its sanctions against Belarus with a view to "mirroring several of the restrictive measures already in place...more
On June 24, 2024, the European Union (“EU”) adopted its 14th sanctions package against Russia, which “responds to the needs and findings on the ground, and tackles enforcement issues,” “target high-value sectors of the...more
The EU Taxonomy Regulation (the "Regulation") is a highly complex piece of legislation which sets out a classification framework in order to determine whether an economic activity carried out by an undertaking is...more
6/7/2024
/ Compliance ,
Disclosure Requirements ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
Human Rights ,
Regulatory Oversight ,
Sustainability ,
Sustainable Business Practices ,
Taxonomy
On March 5, 2024, the European Parliament and the Council of the European Union reached a "political agreement" on a Regulation prohibiting products made with forced labour ("the EU Forced Labour Regulation" or "the EUFLR")...more
4/4/2024
/ Corporate Counsel ,
Critical Infrastructure Sectors ,
EU ,
European Commission ,
Forced Labor ,
Goods or Services ,
Human Rights ,
Retail Market ,
Suppliers ,
Supply Chain ,
Trade Restrictions
Climate disclosure regulations are among the most significant and complex challenges faced by companies and boards, with a variety of requirements emanating from numerous governmental authorities and non-governmental...more
Following weeks of uncertainty, the Corporate Sustainability Due Diligence Directive ("CS3D") was finally adopted by the Council of the European Union ("Council") on March 15, 2024. ...more
3/20/2024
/ Climate Action Plan ,
Climate Change ,
Critical Infrastructure Sectors ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
EU Directive ,
European Parliament ,
Human Rights ,
Sustainability ,
Sustainable Business Practices
On March 12, 2023, the European Parliament ("EP") formally endorsed the adoption of a Directive defining criminal offences and penalties for the violation of European Union ("EU") restrictive measures, colloquially known as...more
On March 5, 2024, the European Parliament and the Council of the European Union reached a "political agreement" on a Regulation prohibiting products made with forced labor on the European Union ("EU") market. While binding...more
Following the invasion of Ukraine by Russia on February 24, 2022, the United States ("US"), the European Union ("EU"), and the United Kingdom ("UK") adopted—together with their allies—successive waves of sanctions, in an...more
2/28/2024
/ Critical Infrastructure Sectors ,
Economic Sanctions ,
Entity List ,
EU ,
Export Controls ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
General Licenses ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Russia ,
UK ,
Ukraine ,
Vladimir Putin ,
White Collar Crimes
On January 17, 2024, the Council of the European Union (Council) and the European Parliament (Parliament) announced that a political agreement had been reached on (i) a new Regulation setting forth a single anti-money...more
1/23/2024
/ AML/CFT ,
Anti-Corruption ,
Anti-Money Laundering ,
Corruption ,
EU ,
EU Directive ,
European Parliament ,
Financial Crimes ,
Financial Institutions ,
Financial Transactions ,
Money Laundering ,
Popular ,
Regulatory Oversight ,
Terrorism Funding ,
Terrorist Financing Regulations
On December 18, 2023, the European Union ("EU") adopted its 12th sanctions package against Russia. The new package introduces additional asset freeze measures, together with amendments to the EU asset freeze framework...more
12/20/2023
/ Asset Freeze ,
Critical Infrastructure Sectors ,
Cryptocurrency ,
Economic Sanctions ,
EU ,
Export Controls ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
Oil & Gas ,
Russia ,
Ukraine
On 14 December 2023, following several rounds of inter-institutional negotiations, the European Council of the European Union (Council) and the European Parliament (Parliament) announced that a political agreement had been...more