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EU Imposes Seventh Round of Sanctions: Ban on Russian Gold; New Asset Freezes; Expansion of Existing Measures

Last week, the European Union imposed its seventh round of sanctions on Russia, imposing a range of new restrictive measures. The new sanctions include a ban on dealings in Russian-origin gold, updates to existing sanctions...more

7/26/2022  /  Asset Freeze , Economic Sanctions , EU , Russia

EU Publishes Fifth Round of Sanctions on Russia

Today, the European Union published its fifth major round of sanctions on Russia and Belarus. The sanctions package includes a full transaction ban on four major Russian banks, port and transportation sanctions, import bans...more

United Kingdom Expands Asset Freeze; Prominent Russian Figures Targeted

Today, the United Kingdom added seven Russian businessmen to its asset freeze list. Chief among the designations are Roman Abramovich, Igor Sechin, and Oleg Deripaska. Mr. Abramovich is best known for being the owner of...more

3/11/2022  /  Asset Freeze , Foreign Policy , Russia , UK

EU Imposes Sanctions on Russian Oligarchs; U.S. Sanctions RDIF

Today, the European Union imposed asset freeze sanctions on a number of prominent Russian oligarchs, two CEOs of Russian energy companies, and a number of Russian government officials. Among the oligarchs targeted are...more

BIS eliminates most reporting requirements for open source and mass market encryption

Today, the Bureau of Industry & Security (BIS) is amending the Export Administration Regulations (EAR) to eliminate most reporting requirements related to open source encryption software and certain “mass market” encryption...more

U.S. Adds 24 Chinese Construction and Communications Companies to the Entity List

Today the Bureau of Industry and Security (BIS) added 24 Chinese state-owned companies to the Entity List for their role in the construction of artificial islands in the South China Sea. The Entity List prohibits the export,...more

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