News & Analysis as of

Ukraine Foreign Relations Financial Institutions

Hughes Hubbard & Reed LLP

The EU Adopts Broad New Sanctions Against Russia, Including 17th and 18th Packages, and Belarus Sanctions Alignment Package

The European Council ended a highly active semester on the economic sanctions front with the adoption of its 17th and 18th economic sanctions packages (Russia Sanctions Packages or Sanctions Packages) against Russia for its...more

The Volkov Law Group

State Street’s $7.45MM OFAC Penalty Highlights Importance of Sanctions in M&A Due Diligence

The Volkov Law Group on

The U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) has released a $7.45 million penalty against State Street Bank and Trust Company and its non-bank, fintech subsidiary Charles River Systems for...more

McGuireWoods LLP

New Revelations in Ukraine Lead to Tightening Global Sanctions

McGuireWoods LLP on

As the world watched in horror over the atrocities occurring in the war zones of Ukraine this week, global leaders re-doubled their efforts to bring increasing sanctions pressure to bear on Russian industry, the Russian...more

Pillsbury - Global Trade & Sanctions Law

Making Sense of Sanctions Versus SWIFT Delisting

On February 27, 2022, the U.S., UK, and EU announced their agreement that certain Russian banks would be delisted from the Belgian-based Society for Worldwide Interbank Financial Telecommunication (SWIFT). ...more

BakerHostetler

New Key Developments in Response to Russia's Invasion of Ukraine

BakerHostetler on

The United States and the European Union imposed additional sanctions this week in response to the Russian Federation’s invasion of Ukraine and the United States announced its intention to make sanctions enforcement a...more

Cooley LLP

Evolving US, UK and EU Sanctions and Export Controls Target Russia for Ukraine Invasion

Cooley LLP on

In response to Russia’s invasion of Ukraine in February 2022, the United States, with support from its allies including the United Kingdom and the European Union, has imposed a complex mix of financial sanctions and export...more

Akerman LLP

Financial Sanctions and Export Controls Continue after Russian Invasion of Ukraine – More to come

Akerman LLP on

The United States government continues to impose significant economic sanctions and export control measures following Russia’s invasion of Ukraine. On February 24, 2022, the U.S. Commerce Department’s Bureau of Industry and...more

Blake, Cassels & Graydon LLP

Le Canada impose de nouvelles sanctions de vaste portée et d’autres mesures économiques contre la Russie

Les 24 et 28 février 2022, le gouvernement du Canada a annoncé de nouvelles sanctions économiques de grande portée ainsi que d’autres mesures ciblant la Russie, en rapport avec l’escalade de l’attaque par cette dernière...more

Blake, Cassels & Graydon LLP

Canada Imposes Extensive New Sanctions and Other Economic Measures Against Russia

On February 24, 2022, and February 28, 2022, the Government of Canada announced wide-ranging new economic sanctions and other measures targeting Russia in connection with the escalating conflict in Ukraine. These...more

Latham & Watkins LLP

Sanctions Update: US, UK, and EU Impose Sweeping New Sanctions Relating to Russia, Ukraine, and Belarus

Latham & Watkins LLP on

New rules significantly expand the scope of existing Ukraine- and Russia-related sanctions and impose stringent export controls on Russia. This Client Alert is published in the context of fast-moving developments....more

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