The European Union (EU) has reaffirmed its sanctions policy toward Russia by implementing two rounds of restrictive measures that are intended to further intensify pressure on Russia’s government and economy. Specifically,...more
3/18/2025
/ Asset Freeze ,
Compliance ,
Economic Sanctions ,
Energy Sector ,
Enforcement Actions ,
EU ,
European Commission ,
Export Bans ,
Export Controls ,
Financial Institutions ,
International Trade ,
National Security ,
Oil & Gas ,
Regulatory Agenda ,
Russia ,
UK ,
Ukraine
European Union member states have until 20 May 2025 to transpose into their national legislation EU Directive (EU) 2024/1226 (the Directive), which establishes minimum rules on the definition of criminal offences and...more
11/18/2024
/ Anti-Money Laundering ,
Asset Freeze ,
Corporate Governance ,
Corporate Liability ,
Criminal Prosecution ,
EU ,
EU Directive ,
Financial Services Industry ,
Penalties ,
Regulatory Agenda ,
Sanction Violations ,
Sanctions ,
Trade Restrictions ,
White Collar Crimes
The Council of the European Union (Council) has updated its EU Best Practices for the Effective Implementation of Restrictive Measures. Published on 3 July 2024, the new version clarifies the threshold for the ownership test...more
On 24 June 2024, the European Union (EU) adopted its 14th sanctions package directed against Russia, imposing an asset freeze against an additional 116 individuals and entities and expanding sectoral sanctions targeting key...more
7/26/2024
/ Asset Freeze ,
Compensation ,
Compliance ,
Corporate Counsel ,
Economic Sanctions ,
Energy Sector ,
Enforcement ,
EU ,
Exit Transactions ,
Export Controls ,
Federal Bans ,
Financial Institutions ,
Intellectual Property Protection ,
Investment ,
Liability ,
Liquid Natural Gas ,
Risk Assessment ,
Russia ,
Trade Policy ,
Trade Secrets ,
Voluntary Disclosure
On 23 February 2024, the European Union (EU) adopted a 13th package of sanctions against Russia, imposing asset freezes on additional individuals and entities, expanding existing sectoral sanctions and further limiting...more
3/11/2024
/ Asset Freeze ,
Blocking Sanctions ,
Economic Sanctions ,
EU ,
Export Controls ,
Financial Institutions ,
Financial Transactions ,
New Guidance ,
Russia ,
Technology Sector ,
Trade Restrictions ,
Ukraine