The EU and UK sanctions regimes on Russia continue to expand as both jurisdictions seek to increase pressure on President Putin. As with previous recent packages, Russia’s military, energy and financial sectors have again...more
6/3/2025
/ Economic Sanctions ,
Enforcement Actions ,
EU ,
European Commission ,
Export Controls ,
HM Treasury ,
National Security ,
Office of Financial Sanctions Implementation (OFSI) ,
Russia ,
Sanctions ,
UK
The European Union (EU) has reaffirmed its sanctions policy toward Russia by implementing two rounds of restrictive measures that are intended to further intensify pressure on Russia’s government and economy. Specifically,...more
3/18/2025
/ Asset Freeze ,
Compliance ,
Economic Sanctions ,
Energy Sector ,
Enforcement Actions ,
EU ,
European Commission ,
Export Bans ,
Export Controls ,
Financial Institutions ,
International Trade ,
National Security ,
Oil & Gas ,
Regulatory Agenda ,
Russia ,
UK ,
Ukraine
On 7 September 2023, the European Commission (Commission) published a guidance note (the Guidance) for EU businesses on the circumvention of sanctions. The Guidance outlines the essential components for a company’s compliance...more
9/29/2023
/ Best Practices ,
Compliance ,
Due Diligence ,
EU ,
European Commission ,
Financial Institutions ,
New Guidance ,
Regulatory Agenda ,
Risk Assessment ,
Russia ,
Sanctions
On 16 December 2022, the European Union (EU) adopted a ninth package of sanctions against Russia. These impose an asset freeze on almost 200 additional individuals and entities pursuant to Council Regulation No. 269/20141...more
12/23/2022
/ Asset Freeze ,
Corporate Counsel ,
Corporate Governance ,
Economic Sanctions ,
EU ,
European Commission ,
Export Controls ,
Financial Institutions ,
Foreign Entities ,
Investment ,
Regulatory Agenda ,
Russia ,
SDN List ,
Trade Restrictions ,
UK
In recent months, the European Union and United Kingdom have adopted additional measures targeting key elements of the Russian economy in response to the invasion of Ukraine. Specifically, the EU and UK continue to expand the...more
8/5/2022
/ Asset Freeze ,
Economic Sanctions ,
EU ,
European Commission ,
Export Controls ,
Exports ,
Foreign Policy ,
Foreign Relations ,
Oil & Gas ,
Popular ,
Russia ,
UK