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Latham & Watkins LLP

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

Latham & Watkins LLP on

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

McDermott Will & Schulte

Spotlight on the “Partner Countries” Exemption from Sanctions against Russia

McDermott Will & Schulte on

From June 20, 2024, EU companies with a presence in Russia will no longer be able to rely on the “partner countries” exemption and will be required to obtain, or rely on, a licence to provide business services and/or software...more

Latham & Watkins LLP

Sanctions Update: EU and UK Impose Sweeping Import Restrictions on Russian-Origin Iron and Steel

Latham & Watkins LLP on

The new measures bar the import of iron or steel products processed in countries other than Russia but incorporating Russian-origin iron or steel components. The measures form part of a series of significant sanctions updates...more

White & Case LLP

EU’s 11th package of sanctions on Russia targets third-country evasion, expands existing restrictions and extends derogations

White & Case LLP on

The EU adopted its eleventh sanctions package against Russia on 23 June, 2023. A new anti-circumvention framework enables the EU to tackle sanctions evasion through third countries. The EU extends the scope of existing...more

American Conference Institute (ACI)

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

American Conference Institute (ACI) on

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

WilmerHale

The Emergence of a Global Russia Sanctions Enforcement Regime

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The year since Russia’s invasion of Ukraine has been marked by the development of a multi-jurisdictional, multi-agency sanctions regime in the United States, the United Kingdom and the European Union. Although coordination...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

Goodwin

U.S. Government Authorizes Transactions Related to Patent Protection in Russia

Goodwin on

On May 5, 2022, the Office of Foreign Assets Control of the U.S. Department of the Treasury issued General License No. 31 (“GL31”), which authorizes transactions in connection with the filing and prosecution of patent...more

Hogan Lovells

UK sanctions legislations rushes through Parliament in advance of a potential no-deal Brexit

Hogan Lovells on

Transposing more than 40 years of EU legislations is not straightforward, including when it comes to EU sanctions laws. In this context, UK secondary legislations are needed to replace references in sanctions laws to Member...more

K&L Gates LLP

EU and UK Sanctions and Export Controls Update – Winter 2017

K&L Gates LLP on

The EU and UK sanctions regimes have seen significant change during the last few months. Discussions are ongoing regarding the UK's plans for its post-Brexit sanctions policy but uncertainty and division dominates the...more

Sheppard Mullin Richter & Hampton LLP

The Morning After: Waking up to Brexit and Its Impact on Your Business

Sheppard Mullin Richter & Hampton LLP on

On the morning of June 24, 2016, we woke up to a headline that had been much discussed, but still added a jolt to many people’s morning coffee: Britain to Leave the European Union....more

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