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
The European Union (EU)’s tenth package of sanctions against Russia, adopted 25 February 2023, imposed an asset freeze against 121 individuals and entities and expanded the scope of sectoral sanctions....more
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
On 5 December 2022 the $60 per barrel price cap on Russian crude oil announced by the G-7 finance ministers in September 2022 came into effect in the United States, European Union and United Kingdom. The price cap is...more
12/22/2022
/ Crude Oil ,
EU ,
Export Controls ,
Exports ,
G7 ,
General Licenses ,
Oil & Gas ,
Oil Prices ,
Popular ,
Russia ,
UK
In light of the recent referendums and purported annexation by Russia of four territories of Ukraine on September 30, 2022, the United States, United Kingdom and European Union have expanded measures and provided additional...more
10/14/2022
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
EU ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Foreign Policy ,
Foreign Relations ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
UK ,
Ukraine
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