News & Analysis as of

Member State European Commission Russia

Paul Hastings LLP

Addressing Gaps and Inconsistencies in the EU Sanctions’ Enforcement: The Commission Urges Member States to Transpose Directive...

Paul Hastings LLP on

Since Russia’s invasion of Ukraine in February 2022, the European Union has adopted 18 packages of sanctions targeting Russia and Belarus, with the latest on July 19, 2025. In total, the EU has about 40 different sanctions...more

A&O Shearman

EU sanctions enforcement is on the rise

A&O Shearman on

A clear trend is emerging: Across the EU, authorities are intensifying the enforcement of EU sanctions, and it is anticipated that the prosecution of related criminal offenses will increase. As a result, the regulatory...more

Sheppard Mullin Richter & Hampton LLP

E(U)xterritoriality of EU Sanctions: The No Russia Clause

The EU is going extraterritorial, and it is doing so through private contract. It is a pretty neat trick. As a general rule, EU regulations do not apply extraterritorially. This policy is a bit pointed, intended to stand...more

American Conference Institute (ACI)

[Event] European Forum on Global Economic Sanctions - June 1st - 2nd, Berlin, Germany

Hosted by C5 Group, the European Forum on Global Economic Sanctions is recognized as Europe's Premier, longstanding gathering for financial institutions and global exporters. The industry across Europe is confronting an...more

BCLP

Banking Bites - June 2022

BCLP on

New High Court case considers nature and scope of the Quincecare duty - In June, the Court of Appeal expanded the scope of a bank’s duty of care to protect its customers from fraud to encompass instructions by those other...more

Orrick, Herrington & Sutcliffe LLP

La Commission européenne facilite l’accès des entreprises frappées de plein fouet par la guerre en Ukraine au soutien financier...

En réaction à l’invasion de l’Ukraine par la Russie, la Commission européenne a publié le 23 mars 2022, à l’intention des Etats membres de l’UE, un encadrement temporaire de crise pour leur donner de la souplesse pour...more

Orrick, Herrington & Sutcliffe LLP

The European Commission Facilitates Access to Financial Support From EU Member States For Companies Hit Hard by the War in Ukraine

In response to Russia's invasion of Ukraine, the European Commission has issued, on March 23, 2022 a temporary crisis framework to EU Member States to give them flexibility to intervene in support of companies in compliance...more

McDermott Will & Schulte

New State Aid Temporary Framework In The Wake Of The Aggression Against Ukraine By Russia

To mitigate the negative economic and social consequences of Russian military aggression against Ukraine and to lessen the effect of the restrictive economic measures taken in response to the crisis, as well as retaliatory...more

McDermott Will & Schulte

In the Making: New State Aid Temporary Framework to Support the EU Economy in the Wake of Russia’s Invasion of Ukraine

The European Commission consults Member States on its draft proposal - On March 10, 2022 the European Commission (Commission) sent a draft proposal to EU Member States with the aim of establishing a State aid Temporary...more

Sheppard Mullin Richter & Hampton LLP

Arming for a Trade War: The EU Proposes an Unprecedented Anti-Coercion Regulation

Scope of the Proposed Regulation - The Regulation would apply where a third country interferes in the legitimate sovereign choices of the Union or a Member State, by applying or threatening to apply measures affecting...more

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