Effective December 5, 2022, a coalition of G7 countries, Australia, and the European Union have generally forbidden service providers to provide certain services relating to the maritime transport of Russia-origin crude oil...more
12/6/2022
/ Australia ,
Economic Sanctions ,
EU ,
Exports ,
G7 ,
General Licenses ,
Maritime Transport ,
Office of Financial Sanctions Implementation (OFSI) ,
Office of Foreign Assets Control (OFAC) ,
Oil & Gas ,
Oil Prices ,
Russia
Welcome to the Orrick Guide to Foreign Investment Reviews. This guide answers frequently asked questions regarding investment control regimes in various jurisdictions. It has been prepared by the experts in our offices...more
This guidance does not constitute legal advice. To the extent that you have any questions arising out of the guidance, please speak to a member of the Orrick team who will be happy to assist. The invasion of Ukraine by...more
5/11/2022
/ Blocked Person ,
Blocking Sanctions ,
Economic Sanctions ,
EU ,
Foreign Bank Accounts ,
Foreign Investment ,
International Tax Issues ,
National Security ,
Russia ,
Technology Sector ,
UK
The United States, the European Union and the United Kingdom recently imposed new Russia-related sanctions in response to Russia’s continued hostilities in Ukraine...more
In response to the Russian government’s recognition of the Donetsk and Luhansk People’s Republics of Ukraine (the “Covered Regions”) as states and deployment of Russian troops to the Covered Regions, the United States and its...more
On July 16, 2014, the United States announced another expansion of sanctions in response to events in southern and eastern Ukraine. The United States for the first time imposed sanctions against major Russian companies and...more
In response to Russia's actions relating to Crimea, the United States and the European Union have expanded their lists of sanctioned parties and their legal bases for broader sanctions. These sanctions are beginning to...more
The United States and the European Union have issued sanctions measures in response to actions by Ukrainian and Russian officials. Both measures are designed to impose sanctions against individuals and entities rather than...more
On January 20, 2014, after the International Atomic Energy Agency determined that Iran had begun to meet its obligations to curtail nuclear development activities, the United States and the European Union implemented...more
The November 23 "Joint Plan of Action" regarding Iran's nuclear program (the "Agreement") contemplates that the United States and the European Union ("EU") will suspend some sanctions measures regarding Iran. This advisory...more