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U.S. Congress Passes Russia Sanctions Legislation

On Saturday, the U.S. Congress passed the Ukraine Freedom Support Act of 2014 (H.R. 5859), which, once signed by the president, will impose or authorize broad sanctions on Russia’s energy and defense sectors and increase...more

12/17/2014 - Defense Sector Energy Sector Russia Sanctions Ukraine

New Sanctions Guidance Increases Due Diligence Burden on Companies

On August 13, 2014, the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC) published guidance (“Revised Guidance”) that revises its 2008 guidance regarding how to treat entities that are owned or...more

8/18/2014 - Compliance Due Diligence Fifty Percent Rule OFAC Russia Sanctions Ukraine

United States and European Union Impose Broad Economic Sanctions Against Russia

On July 29, 2014, the United States and the European Union (EU) announced a significant expansion of sanctions against Russia in response to its continued support of separatists in eastern Ukraine. The measures introduced by...more

7/31/2014 - EU Foreign Policy Russia Sanctions Ukraine

Court Orders CFIUS to Increase Transparency but Rejects Review of Presidential Determination

A recent decision by the D.C. Circuit has prompted much speculation about possible changes to the traditionally opaque and secretive national security review process administered by the Committee on Foreign Investment in the...more

7/22/2014 - CFIUS Exon-Florio Foreign Investment Transparency

Obama Administration Imposes New Sanctions on Key Russian Energy, Financial and Defense Companies; EU Considering Expanded...

The Obama Administration announced new sanctions on Wednesday, July 17, 2014, targeting key companies in Russia’s energy, financial and defense sectors, as well as other companies, regional separatist governments, and...more

7/18/2014 - Energy EU Foreign Policy Russia Sanctions Ukraine

EU, U.S., Ukraine and Russia Sign Pact to Deescalate Crisis, but Sanctions Threats Still Loom

On April 17, 2014, U.S., EU, Russian and Ukrainian representatives endorsed an agreement outlining initial steps to deescalate tensions in Ukraine. For the moment, the agreement may temporarily stall additional U.S. and EU...more

4/22/2014 - EU Foreign Policy Russia Sanctions Ukraine US

President Obama Signs Ukraine Bill Into Law

On April 3, 2014, President Obama signed into law the Support for the Sovereignty, Integrity, Democracy, and Economic Stability of Ukraine Act of 2014 (Public Law No. 113-95). The law includes new authority, not specifically...more

4/8/2014 - Barack Obama Russia Sanctions Ukraine

Certain Trade with Russia on Hold

The Obama administration announced this week that companies with pending license requests to export certain controlled dual-use goods or technology, defense articles or defense services to Russia will face an indefinite hold...more

3/31/2014 - Foreign Policy Russia Sanctions Trade Policy Ukraine

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