What is the status of the evolving international sanctions against Ukraine and Russia?
Since the recent escalation of the Ukraine crisis in March, there have been almost daily developments regarding economic sanctions – ranging from details of implementation to proposals for new or tougher measures. This report provides a snapshot of the current sanctions, how they apply to companies doing business in or with Ukraine or Russia and their customers and counterparties, compliance requirements in different scenarios, and where sanctions might be headed in the near future.
I. Current Sanctions -
A. Who has imposed sanctions?
A number of jurisdictions have introduced sanctions measures in response to the situation in Ukraine, including the United States (US), the European Union (EU), Canada, and Australia, and other countries may do so. Russia also has responded with its own sanctions, imposing a travel ban on specified US officials. This report will focus on the main sanctions imposed by the US and the EU.
Please see full alert below for more information.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.
Topics: Asset Freeze, Australia, Canada, EU, Executive Orders, Obama Administration, Russia, Sanctions, Ukraine
Published In: General Business Updates, Elections & Politics Updates, Finance & Banking Updates, International Trade Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
© White & Case LLP | Attorney Advertising