News & Analysis as of August 21, 2025

Russia

+ Follow

A repository for the most well-read content on JD Supra at any given time, along with occasional roundups of popular content by specific topic. Also stop by for monthly recaps of hot articles for the previous... more +

Sanctions Update EU and UK Tighten Restrictions on Russian Oil and Provision of Software to Russia

Latham & Watkins LLP on 8/19/2025

During 18-19 July 2025, the EU unveiled its 18th “package” of sanctions launched against Russia since Russia’s invasion of Ukraine in February 2022. Among these measures, the EU seeks to close an apparent loophole by which...more

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

Troutman Pepper Locke on 3/14/2025

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

OFAC Targets Gazprombank and More Than 50 Other Banks in New Wave of Sanctions Against Russia’s Financial System

Goodwin on 11/25/2024

On November 21, 2024, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) placed Gazprombank – Russia’s largest remaining non-designated bank – and more than 50 other Russian banks on its Specially...more

New Russia Sanctions Target Foreign Financial Institutions, Expand Import Bans

Williams Mullen on 1/17/2024

On December 22, 2023, President Biden issued Executive Order (EO) 14114, imposing significant new economic sanctions against Russia to address the ongoing national security threat posed by the country’s invasion of Ukraine...more

Russia’s Central Bank to Receive the Right to Block Illegal Content

Morgan Lewis on 3/14/2019

Russia’s Central Bank, the financial markets regulator in Russia, might soon receive the right to block websites. On 24 January, the State Duma, the lower house of the Russian parliament, approved amendments in the first...more

OFAC Warns Financial and International Trade Sectors on Evasion of Crimean Sanctions

Davis Wright Tremaine LLP on 8/6/2015

On Dec. 19, 2014, President Obama issued Executive Order 13685, “Blocking Property of Certain Persons and Prohibiting Certain Transactions With Respect to the Crimea Region of Ukraine,” to impose sanctions relating to the...more

6 Results

View per page

Page: of 1