Asset freeze measures enacted by the United Kingdom against designated persons (DPs) can, under certain circumstances, extend to entities “owned or controlled” by DPs. To date, there have been few—and at times partly...more
The European Union adopted its 8th sanctions package of restrictive measures against Russia on 6 October 2022 in response to the ongoing conflict in Ukraine. ...more
10/10/2022
/ Asset Freeze ,
Cryptoassets ,
Economic Sanctions ,
EU ,
Export Bans ,
Export Controls ,
Foreign Policy ,
Maritime Transport ,
National Security ,
Russia ,
Sanctions ,
Ukraine
The European Union’s 25 February wave of sanctions build on, and significantly expand, its existing sanctions on Russia, imposing wide-ranging restrictions on the Russian economy—including in respect of Russia’s access to...more
3/2/2022
/ Aviation Industry ,
Capital Markets ,
Cybersecurity ,
Dual Use Goods ,
Economic Sanctions ,
Energy Sector ,
EU ,
Financial Markets ,
Oil & Gas ,
Russia ,
Ukraine
In response to the conflict in Ukraine, the United States, United Kingdom, and European Union have issued a number of new sanctions against Russia. As we continue to monitor the evolving situation, we are pleased to offer...more
In response to the conflict in Ukraine, on 23 February, the European Union introduced a sanctions package of five new regulations against Russia, including freezing assets and curbing trade with two non-government-controlled...more
In response to the Russian Federation’s recognition of certain regions of Ukraine as independent states which followed an expansion of nearly 200,000 troops on the Ukrainian border, US President Joseph Biden authorized the...more
The United Kingdom on 10 February 2022 amended its Russian sanctions law to more easily add persons to its targeted sanctions regime, which enhances the UK’s ability to quickly impose sanctions against most parts of the...more
The still evolving US sanctions (as well as the EU and now also separate UK sanctions) continue to challenge Russia-related business. The sanctions frameworks are complex, changing, and, at times, inconsistent as well as...more
3/23/2021
/ Bureau of Industry and Security (BIS) ,
CAATSA ,
Crimea ,
Economic Sanctions ,
EU ,
Foreign Policy ,
Infrastructure ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Russia ,
SDN List ,
UK ,
UK Brexit
United States -
Various threats of further broad sanctions… triggered by ongoing negative developments and perceptions in the US-Russia relationship – though new sanctions legislation seems unlikely before the 3 Nov. US...more
10/7/2020
/ CAATSA ,
Crimea ,
Economic Sanctions ,
EU ,
Exports ,
Foreign Relations ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
SDN List ,
Trade Relations ,
UK ,
UK Brexit ,
US Trade Policies
This presentation, an update to our April 2020 presentation, highlights the most recent developments and then provides a detailed overview of the relevant frameworks and their possible implications—including a focus on the...more
7/30/2020
/ CAATSA ,
Crimea ,
Economic Sanctions ,
EU ,
Foreign Policy ,
Foreign Relations ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Russia ,
SDN List ,
UK Brexit
On August 2, US President Donald Trump signed into law the Countering America’s Adversaries Through Sanctions Act, which enacts a significant expansion of US sanctions against Russia as well as new measures relating to Iran...more