New announcements and rules expand the scope of existing sanctions and export controls on Russia.
This Client Alert is published in the context of ongoing developments and should be read in conjunction with the Latham’s...more
3/16/2023
/ Biden Administration ,
Blocked Person ,
Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
Embargo ,
Executive Orders ,
Export Administration Regulations (EAR) ,
Export Controls ,
Financial Transactions ,
Foreign Policy ,
Foreign Relations ,
Foreign Trade Regulations ,
General Licenses ,
Infrastructure ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Oil Prices ,
Pipelines ,
Russia ,
SDN List ,
Ukraine
The price cap operates as an exemption to the ban on transportation of Russian seaborne crude oil to other countries.
This Client Alert is published in the context of ongoing developments and should be read in conjunction...more
12/12/2022
/ Crude Oil ,
Economic Sanctions ,
EU ,
G7 ,
General Licenses ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Oil Prices ,
Russia ,
Safe Harbors ,
UK ,
Ukraine
The ban hits new investment in Russia and certain professional services, while also restricting imports of Russian oil, coal, and gold and exports of key industrial goods.
This Client Alert is published in the context of...more
The measures prohibit gold imports and add new SDN, Entity List, and asset freeze designations.
This Client Alert is published in the context of ongoing developments and should be read in conjunction with the Latham &...more
7/5/2022
/ Asset Freeze ,
Belarus ,
Belarus Sanctions ,
Biden Administration ,
Economic Sanctions ,
Export Controls ,
General Licenses ,
Japan ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Trade Restrictions ,
UK ,
Ukraine
OFAC has also extended certain general licenses, while BIS has continued to restrict exports to Russia.
This Client Alert is published in the context of ongoing developments and should be read in conjunction with the...more
New rules and announcements expand existing sanctions and export controls relating to Russia.
This Client Alert is published in the context of ongoing developments and should be read in conjunction with the Latham &...more
5/16/2022
/ Biden Administration ,
Economic Sanctions ,
EU ,
Export Controls ,
Financial Transactions ,
Foreign Policy ,
General Licenses ,
Military Conflict ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
UK ,
Ukraine
New rules significantly expand the scope of existing sanctions and export controls on Russia.
This Client Alert is published in the context of ongoing developments and should be read in conjunction with the Latham &...more
4/13/2022
/ Asset Freeze ,
Belarus ,
Economic Sanctions ,
EU ,
Export Controls ,
Financial Crimes ,
Foreign Investment ,
General Licenses ,
Japan ,
Russia ,
Trade Relations ,
Trade Restrictions ,
UK ,
Ukraine
New sanctions prohibit Russian energy product imports, investments in Russia’s energy sector, and dealings with dozens more Russia-related parties, and impose broader trade restrictions.
This Client Alert is published in...more
3/14/2022
/ Biden Administration ,
Economic Sanctions ,
Energy Sector ,
Entity List ,
Executive Orders ,
Foreign Relations ,
General Licenses ,
Imports ,
Russia ,
SDN List ,
Trade Restrictions ,
Ukraine
New rules significantly expand the scope of existing Ukraine- and Russia-related sanctions and impose stringent export controls on Russia.
This Client Alert is published in the context of fast-moving developments....more
2/25/2022
/ Belarus ,
Biden Administration ,
Blocked Person ,
Economic Sanctions ,
EU ,
Financial Institutions ,
Foreign Policy ,
Foreign Relations ,
General Licenses ,
Office of Foreign Assets Control (OFAC) ,
Pipelines ,
Russia ,
SDN List ,
Ukraine
The new designations of Russian individuals and entities broadly expand the scope and impact of sanctions.
Background -
On April 6, 2018, the US Treasury Department’s Office of Foreign Assets Control (OFAC) added more...more
4/13/2018
/ Blocked Person ,
CAATSA ,
Economic Sanctions ,
Executive Orders ,
General Licenses ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Secondary Sanctions ,
Trump Administration ,
U.S. Treasury ,
Ukraine
The new designations of Russian individuals and entities broadly expand the scope and impact of sanctions.
Background -
On April 6, 2018, the US Treasury Department’s Office of Foreign Assets Control (OFAC) added more...more
4/10/2018
/ Blocked Person ,
CAATSA ,
Economic Sanctions ,
Executive Orders ,
Financial Institutions ,
General Licenses ,
Government Officials ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
State-Owned Enterprises ,
Trump Administration ,
U.S. Treasury