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Foreign Relations Biden Administration General Licenses

Troutman Pepper Locke

Financial Transactions Related to Russian Energy Now Prohibited: Expiration of OFAC ‎General License 8L

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On March 12, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) allowed General License (GL) 8L under the Russian Harmful Foreign Activities Sanctions Regulations to expire. As a result, broad OFAC...more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of August

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US SANCTIONS - US Department of the Treasury Takes Further Action against Russia’s International Supply Chains: On August 23, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the US...more

BakerHostetler

Current State of U.S. Export Controls in Response to the Russian Federation’s Invasion of Ukraine - May 2024

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In response to Russia’s invasion of Ukraine, the U.S. government has deployed a whole-of-government approach to impose sanctions and tighter export controls on Russia. ...more

The Volkov Law Group

Biden Administration Responds to Death of Alexey Navalny with Additional Sanctions Against Russia Federation

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Following the death of opposition politician Alexey Navalny, the Biden Administration announced a large swath of new and additional sanctions on the Russian Federation.  The U.S. Department of Treasury’s Office of Foreign...more

Troutman Pepper Locke

New U.S. Presidential Order Bans ‎Import of Russian Seafood

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On December 22, 2023, President Biden ordered new U.S. sanctions against Russia by issuing Executive Order (“EO”) 14114 (“Taking Additional Steps with Respect to the Russian Federation’s Harmful Activities”). EO 14114 amends...more

The Volkov Law Group

U.S. Sanctions Update as of October 2023

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Each quarter, we send many of our clients a quarterly trade compliance update, highlighting important developments over the last few months and summarizing key points for important sanctions programs. About the document: ...more

Latham & Watkins LLP

Sanctions Update: US, EU, UK Introduce New Sanctions and Export Controls to Mark One-Year Anniversary of Russian Invasion of...

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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

Venable LLP

U.S. Government Cracks Down on the Use of Third-Party Intermediaries for Russia Sanctions and Export Controls Evasion as War...

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As we pass the one-year anniversary of Russia's invasion of Ukraine, the U.S. government has launched an interagency initiative to crack down on evasion and violations of U.S. sanctions and export controls targeting Russia...more

Holland & Knight LLP

No Time for a Year in Review with a Bear on the Loose

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The Biden Administration continues to place pressure on Russia, and on Feb. 24, 2023, marked the one-year anniversary of Russia's invasion of Ukraine with additional sanctions, export controls and tariffs. These new policies...more

Eversheds Sutherland (US) LLP

Russia and Belarus sanctions update - March 2023

In recognition of the one-year anniversary of Russia’s invasion of Ukraine, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) and US Department of Commerce’s Bureau of Industry and Security (BIS)...more

BakerHostetler

Current State of U.S. Economic Sanctions Imposed on the Russian Federation and Covered Regions of Ukraine in Response to the...

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This update addresses the full implementation of the price cap policy for crude oil and petroleum products of Russian origin by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). On Feb. 3, OFAC...more

BCLP

U.S. Further Expands Measures Against Russia with Additional Import, Export, Sanctions Restrictions

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Last week, the United States continued to impose sweeping restrictive measures in response to the conflict in Ukraine, including measures targeting imports of certain Russian energy and “signature” products into the United...more

Latham & Watkins LLP

Sanctions Update: US Targets Russia’s Energy Sector, Announces New Trade Restrictions, and Issues New Sanctions Designations

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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

Eversheds Sutherland (US) LLP

In the latest tranche of sanctions, the US bans imports of Russian oil and coal

In the latest action to expand sanctions against Russia in response to its invasion of Ukraine, on March 8, 2022, President Biden announced in a televised speech a ban on imports of Russian oil, natural gas, and coal into the...more

Cadwalader, Wickersham & Taft LLP

Taking Stock: A Survey of the New Russia Sanctions Landscape

Moscow’s invasion of Ukraine has – as promised by US President Joseph R. Biden and other world leaders – provoked “unprecedented” economic sanctions against Russia.  The United States, the United Kingdom, and the European...more

Venable LLP

Update: President Biden Targets Russian Energy Sector

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This is part of a series of advisory alerts from Venable in response to the ongoing situation in Ukraine. Earlier alerts on Russia and Ukraine sanctions are available here....more

Womble Bond Dickinson

Russia and Belarus Targeted With Comprehensive Economic Sanctions and Export Control Restrictions: U.S., U.K., and EU Regulatory...

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In response to the Russian Federation’s invasion of Ukraine in February 2022, the U.S., U.K., and EU have implemented sweeping coordinated economic sanctions and export control restrictions targeting key industries, entities,...more

BakerHostetler

New Key Developments in Response to Russia's Invasion of Ukraine

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The United States and the European Union imposed additional sanctions this week in response to the Russian Federation’s invasion of Ukraine and the United States announced its intention to make sanctions enforcement a...more

Stinson LLP

U.S. Imposes Sweeping Sanctions and Export Controls on Russia in Response to Crisis in Ukraine

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Over the last week, the U.S. government, in coordination with partner and allied countries, announced a series of unprecedented escalating sanctions targeting Russia in response to the invasion of Ukraine. These actions...more

Proskauer Rose LLP

Moving SWIFTly: What You Need to Know Now about the Rapidly Evolving Sanctions against Russia

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In response to Russia’s invasion of Ukraine, President Biden announced sanctions against Russia.  Following an executive order issued on February 21, 2022, the U.S. Department of Treasury’s Office of Foreign Assets Control...more

Arnall Golden Gregory LLP

Russia Sanctions: What Global Business Needs to Know Now

In response to the Russian invasion of Ukraine — and Belarus’s support of the invasion — the United States has unveiled a range of economic sanctions on Russia and Belarus over the past week that will impact every U.S....more

Jenner & Block

Expanding Multilateral Sanctions as Russia Invades Ukraine

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In response to Russia’s invasion of Ukraine and recognition of the Donetsk and Luhansk People’s Republics (DNR and LNR, respectively) as independent states, countries around the world have announced sweeping sanctions...more

The Volkov Law Group

President Biden Announces Broad Coordinated Set of Sanctions and Export Controls Against Russia

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The Biden Administration announced a robust set of trade sanctions and export controls against Russia in response to the Russian invasion of Ukraine.  The Treasury Department’s Office of Foreign Asset Control (“OFAC”) and the...more

Latham & Watkins LLP

Sanctions Update: US, UK, and EU Impose Sweeping New Sanctions Relating to Russia, Ukraine, and Belarus

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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

The Volkov Law Group

OFAC Implements New Ethiopia Sanctions Program

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On November 12, 2021, the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), pursuant to Executive Order 14046, Imposing Sanctions on Certain Persons With Respect to the Humanitarian and Human Rights...more

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