Economic Sanctions, Corporate Counsel, Belarus

Adoption by the EU of the 16th Sanctions Package Against Russia: Key Takeaways

Foley Hoag LLP on 3/3/2025

The 16th package of European economic sanctions adopted and published in the Official Journal of the European Union (hereinafter the “EU”) on 24 February 2025 came into force on 25 February 2025. This 16th package of...more

U.S. Government Imposes New Export Controls and Sanctions on Russia and Belarus

Fenwick & West LLP on 5/23/2023

On May 19, 2023, the Biden administration announced another major round of U.S. sanctions and export controls against Russia and Belarus in response to the ongoing war in Ukraine, in coordination with the G7 Leaders’ Summit...more

Summer Vacation’s Over: Commerce Imposes New Russia and Belarus Export Controls

ArentFox Schiff on 9/27/2022

Well, the Bureau of Industry and Security (BIS) waited until the summer was over, but timing may be the best part of the new export controls on Russia and Belarus (the “Rule”). Understanding the new Rule and how the old...more

Biden Administration Toughens Sanctions, Export Controls in Response to Continued Harmful Activities of the Russian Government

Wiley Rein LLP on 9/21/2022

On September 15, 2022, the Biden Administration announced a new package of sanctions and export controls to hold the Russian government accountable for its war against Ukraine. ...more

U.S. Departments of Treasury and State Expand Sanctions To Restrict Russia’s Access to Services and Economics and Combat Evasion...

Husch Blackwell LLP on 7/1/2022

On June 28, 2022, the Department of Treasury’s Financial Crimes Enforcement Network (“FinCEN”) and the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued a Joint Alert urging financial institutions...more

U.S. Sanctions Against Russia: Summary as of Wednesday, March 1, 2022

Venable LLP on 3/3/2022

This alert provides an overview of U.S. sanctions imposed against Russia in response to its invasion of Ukraine up to and including the issuance of Directive 4 and General License 8A on Monday morning, February 28, 2022, and...more

US and Foreign Companies Now Subject to Expansive US License Requirements for Business with Russia

BakerHostetler on 2/28/2022

On February 23 and 24, 2022, the United States, through the Department of Commerce’s Bureau of Industry and Security (“BIS”) and the Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), took significant...more

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