News & Analysis as of

Russia CAATSA Executive Orders

A&O Shearman

Widening the sanctions net in uncertain times: latest developments in the U.S., EU, and U.K.'s sanctions targeting Russia

A&O Shearman on

In the context of the third anniversary of Russia’s invasion of Ukraine, the U.S., EU, and U.K. continue to implement new measures to stifle Russia’s war efforts. The Biden administration continued to escalate sanctions...more

BakerHostetler

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

BakerHostetler on

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

BakerHostetler

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

BakerHostetler on

In response to the Russian Federation’s (Russia) egregious and unprovoked invasion of Ukraine that began in February 2022, the U.S. government has deployed a whole-of-government approach in imposing sanctions and export...more

BCLP

Russia Now Focal Point of Additional Sanctions and Export Controls, With an Added Bonus for Public Companies (Oh my!)

BCLP on

In response to a variety of activities allegedly undertaken by Russia, the U.S. Government has imposed a series of additional sanctions and export control measures since early March. Collectively, the March and April...more

Foley Hoag LLP

Cross-Border Compliance Update: June - July 2020

Foley Hoag LLP on

Hong Kong Updates and Alerts - New Restrictions on Exports to Hong Kong – License Exceptions for Hong Kong Suspended - On June 29, 2020, the State Department announced that the U.S. will end the export of U.S.-origin...more

Williams Mullen

U.S. Sanctions Laws: Dangers Ahead For Foreign Companies (Part II)

Williams Mullen on

The following is Part II of this article. Secondary Sanctions – Requirements On Non-U.S. Parties That Have No Contacts With the U.S. OFAC also has adopted sanctions that specifically apply to non-U.S. companies and...more

A&O Shearman

Sanctions Round Up: Third Quarter 2018

A&O Shearman on

Russia remained at the forefront this quarter, as the Trump Administration imposed new measures and markets reacted to the threat of additional, “crushing” sanctions from Congress on Russian sovereign debt. Meanwhile, EU...more

Bass, Berry & Sims PLC

Update on Russia: Restrictions Expanded to New Actors, Industries

Bass, Berry & Sims PLC on

• Economic sanctions and export restrictions extended • Russian investment in United States likely subject to heightened scrutiny • Diligence on Russia transactions and business partners is essential to ensure...more

Akin Gump Strauss Hauer & Feld LLP

Trump Administration Sanctions Chinese Entity and its Director in First Imposition of Secondary Sanctions under Section 231 of...

• On September 20, 2018, for the first time, the Trump administration imposed sanctions on a non-U.S. entity and its director for engaging in “significant transactions” with a Russian defense sector company included on the...more

Hogan Lovells

Win some, lose some: U.S. Russia sanctions developments

Hogan Lovells on

The past two weeks have entailed a flurry of sanctions developments related to Russia, including the issuance of a new executive order, and the designation of a number of entities by the U.S. Department of the Treasury's...more

Morrison & Foerster LLP

OFAC’s New Russia-Related Sanctions

On April 6, 2018, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) added 38 new designees to its list of Specially Designated Nationals and Blocked Persons (“SDN List”) related to Russia pursuant to...more

Latham & Watkins LLP

US Treasury Department’s New Designations Under the Russia-Related Sanctions: 3 Key Takeaways (Russian version)

Latham & Watkins LLP on

The new designations of Russian individuals and entities broadly expand the scope and impact of sanctions. Background - On April 6, 2018, the US Treasury Department’s Office of Foreign Assets Control (OFAC) added more...more

Skadden, Arps, Slate, Meagher & Flom LLP

US Imposes New Russia Sanctions Targeting Oligarchs, Senior Government Officials and Entities

On April 6, 2018, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sanctions against seven Russian oligarchs, 12 companies owned or controlled by these oligarchs, 17 senior Russian government...more

Jones Day

U.S. Sanctions Imposed on Russian Individuals, Associated Entities and Government Officials

Jones Day on

The Situation: The Trump Administration has imposed sanctions against a number of high-profile Russian individuals and entities by adding them to the Specially Designated Nationals and Blocked Persons ("SDN") List. The...more

Latham & Watkins LLP

US Treasury Department’s New Designations Under the Russia-Related Sanctions: 3 Key Takeaways

Latham & Watkins LLP on

The new designations of Russian individuals and entities broadly expand the scope and impact of sanctions. Background - On April 6, 2018, the US Treasury Department’s Office of Foreign Assets Control (OFAC) added more...more

Akin Gump Strauss Hauer & Feld LLP

OFAC Sanctions Leading Russian Businessmen, Government Officials and Companies

• On April 6, 2018, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) placed seven prominent Russian businessmen, 12 companies, 17 senior Russian government officials, and a state-owned Russian...more

Arnall Golden Gregory LLP

Is There a Burger in the Treasury’s CAATSA Report?

While Washington politicians and the media are engaged in heated debates about Russia, international businesses have to be vigilant in complying with the existing sanctions regimes. A January 29, 2018 report issued by the...more

Akin Gump Strauss Hauer & Feld LLP

Implementing CAATSA Sanctions on Russia: Approaching Deadlines for “Oligarchs” and “Sovereign Debt” Reports and Recap of Latest...

• The next significant Countering America’s Adversaries Through Sanctions Act (CAATSA)-related deadline for the Trump administration is January 29, 2018, when it must submit reports to Congress on “oligarchs and parastatal...more

Akin Gump Strauss Hauer & Feld LLP

Red Notice Newsletter - November 2017

ANTICORRUPTION DEVELOPMENTS – SBM Offshore N.V. Agrees to Pay $238 Million to Resolve DOJ FCPA Enforcement Action - On November 29, 2017, SBM Offshore N.V. (SBM), a Netherlands based company specializing in the...more

BakerHostetler

U.S. Sanctions Developments in the Trump Administration

BakerHostetler on

The Trump Administration has been active on the sanctions front as a means of asserting United States foreign policy and national security interests. Congress has also taken an increasingly active and direct role of late,...more

Holland & Knight LLP

U.S. Government Issues Guidance on Expanded Russia Sanctions

Holland & Knight LLP on

• The U.S. Department of State issued public guidance on sanctions with respect to 39 named entities related to Russia's defense and intelligence sectors. This guidance is issued under Section 231 of the Countering America's...more

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