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Foley Hoag LLP

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

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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

Skadden, Arps, Slate, Meagher & Flom LLP

The Sanctions Puzzle: Key Areas To Watch in 2025 and Beyond

The past weeks and months have brought about tremendous political change in the West, as we move toward a new U.S. administration, a new College of Commissioners in Brussels and a new Polish presidency of the Council of the...more

Skadden, Arps, Slate, Meagher & Flom LLP

OFSI Issues First Monetary Penalty for Breach of Sanctions Imposed on Russia in Response to Its Invasion of Ukraine

On 27 September 2024, the UK’s financial sanctions regulator, the Office of Financial Sanctions Implementation (OFSI), announced that it had issued its first monetary penalty for a breach of UK financial sanctions imposed...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU’s 14th Sanctions Package: Compliance Obligations Expand and Exits Are Facilitated

On 24 June 2024, the European Union (EU) adopted its 14th sanctions package directed against Russia, imposing an asset freeze against an additional 116 individuals and entities and expanding sectoral sanctions targeting key...more

Pillsbury - Global Trade & Sanctions Law

EU’s 14th Package of Sanctions on Russia

On 24 June 2024, the EU adopted its 14th package of sanctions against Russia. The latest measures include: The designation of 116 additional individuals and entities across a number of industries for their responsibility in...more

Hogan Lovells

New EU Sanctions Reporting Obligations in Force as of 1 May 2024 and 1 June 2024

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The new EU notification requirements relating to transfers of funds out of the EU by EU entities with a certain level of direct or indirect Russian ownership enters into force soon. The reporting obligation has a broad scope,...more

Morrison & Foerster LLP

EU Sanctions Year in Review 2023

In 2023, the European Union continued to use economic sanctions as one of its foreign policy tools, and not only in response to Russia’s war in Ukraine. New sanctions and adjustments to existing regimes reflect the EU’s...more

Morrison & Foerster LLP

Enforcement of EU Sanctions – Soon New Powers for the European Public Prosecutor’s Office?

Recent developments in the European Union (EU) as well as political demands indicate that the criminal prosecution of sanctions violations in the EU will be further intensified and possibly even centralized:...more

Skadden, Arps, Slate, Meagher & Flom LLP

Latest EU Russian Sanctions Expand Sector Restrictions and Add Designated Individuals and Entities

On 16 December 2022, the European Union (EU) adopted a ninth package of sanctions against Russia. These impose an asset freeze on almost 200 additional individuals and entities pursuant to Council Regulation No. 269/20141...more

Skadden, Arps, Slate, Meagher & Flom LLP

Skadden’s 2023 Insights – Five Critical Areas for the Year Ahead

The pandemic’s impact may be subsiding, but businesses are encountering new challenges across the globe, including the potential for an economic retrenchment, rising interest rates, shifting regulatory and litigation...more

McDermott Will & Schulte

Eighth EU Sanctions Package: Closing the Loop on More Goods, Services and Russian Oil

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In response to Russia’s further aggression against Ukraine and its illegal annexation of the Donetsk, Kherson, Luhansk and Zaporizhzhia regions (the Occupied Regions), the European Union (EU) has adopted a new sanctions...more

Cooley LLP

Europe Takes Position on Sending Personal Data to Russia

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On 12 July 2022, the European Data Protection Board (EDPB) adopted Statement 02/2022 on Personal Data Transfers to the Russian Federation, in which it confirmed that data transfers to Russia require a data transfer impact...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

Eversheds Sutherland (US) LLP

United States halts work with Russian Patent Office, while Russia lessens foreign intellectual property protections

While the humanitarian crisis has received the most attention during the emerging situation in Ukraine, numerous other facets of the world economy, international relations, and daily life have also been affected. One...more

BakerHostetler

International Data Protection Update - Winter 2021/2022

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This Update highlights some of the international data protection issues that caught our attention and the attention of our clients over the winter, including updates on European data transfers and cookie compliance,...more

WilmerHale

Treasury Releases Long-Awaited Sanctions Policy Review

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The US Treasury Department has released its 2021 Sanctions Review (the “Review”), which describes the US sanctions framework and the agency’s future sanctions priorities. The Review reflects on the evolution over two decades...more

Morrison & Foerster LLP

The Privilege Is Ours…And Theirs; English High Court Clarifies Rules On Legal Advice Privilege For Foreign Lawyers

A recent English High Court decision has provided clarity on the scope of legal advice privilege as it relates to foreign lawyers. Background- The English High Court’s decision in PJSC Tatneft v Bogolyubov and others [2020]...more

White & Case LLP

OFSI imposes first multi million pound penalty for UK sanctions breach

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The UK sanctions authority, the Office of Financial Sanctions Implementation (OFSI), has announced its first multi million pound fine since its establishment in 2016.  The fine confirms OFSI’s increasing enforcement activity...more

Morrison & Foerster LLP - Government...

Top 10 International Anti-Corruption Developments for January 2019

In order to provide an overview for busy in-house counsel and compliance professionals, we summarize below some of the most important international anti-corruption developments in the past month, with links to primary...more

Association of Certified E-Discovery...

Weekly Trends Report – 1/23/2019 Insights

Insight into where e-discovery, information governance cybersecurity, and digital transformation are heading – who is doing what now or in the future, what works and what doesn’t, and what people wish they could do but can’t...more

Skadden, Arps, Slate, Meagher & Flom LLP

Cross-Border Investigations Update - January 2019

This issue of Skadden’s semiannual Cross-Border Investigations Update takes a close look at recent cases, regulatory activity and other key developments, including DOJ guidance on the use of corporate monitors in criminal...more

Kelley Drye & Warren LLP

Between a Rock and a Hard Place: EU & Russia Move Forward with “Blocking Statutes” in Response to U.S. Exit from Iran Nuclear Deal

Sanctions blocking statutes being prepared by the European Commission (EC) and Russia could put companies in the middle of conflicting legal requirements, raising difficult and complex sanctions compliance decisions. ...more

Morgan Lewis

2016 Mid-Year Global Cartel Enforcement Report

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Cartel enforcement activity promises to remain busy In the coming months and into 2017 Cartel enforcement remains a priority for competition authorities around the world. Global cartel fines totaled more than $6...more

K&L Gates LLP

EU and UK Sanctions Update: July 2016

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Below is a summary of developments since our previous update in May, relating to European Union (“EU”) sanctions on Russia, Iran and other jurisdictions, the impact of Brexit on EU sanctions and recent changes with respect to...more

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