In a bid to further increase the pressure on Russia, the Council of the European Union has adopted additional measures which have been introduced in its 16th sanctions package. The new measures amending the framework Council...more
On 24 September 2024, the G7 released updated guidance on the prevention of evasion of export controls and sanctions imposed on Russia. The aim of the guidance is to “assist industry in identifying Russian evasion practices...more
The Impact of the EU and UK Russian Sanctions Regime on the Luxury Goods Sector - As the EU and UK Russian sanctions regimes continue to evolve, export controls are now affecting industries previously not often subject to...more
The European Union has again amended its sanctions against Russia and Belarus by adopting further legal acts, which put additional compliance obligations on EU companies. In particular, businesses will now have to undertake...more
7/25/2024
/ Asset Freeze ,
Belarus ,
Compliance ,
Economic Sanctions ,
EU ,
European Commission ,
Export Controls ,
Exports ,
Imports ,
Liquid Natural Gas ,
Russia ,
Travel Ban
The following alert provides an update on recent sanctions developments, including: The publication of the UK government’s first sanctions strategy. The announcement of over 50 new sanctions. Measures to strengthen the Oil...more
4/12/2024
/ Asset Freeze ,
Economic Sanctions ,
EU ,
Export Controls ,
Exports ,
Imports ,
New Regulations ,
Oil & Gas ,
Regulatory Oversight ,
Russia ,
Sanctions and Anti-Money Laundering Act 2018 (SAMLA) ,
Trade Relations ,
UK
Commission Approves €900 Million German Scheme to Support Investments in Production of Green Hydrogen - The purpose of the scheme entitled “H2Global” is to advance the international market expansion of renewable hydrogen,...more
3/28/2022
/ Artificial Intelligence ,
Banking Sector ,
Competitive Bidding ,
Digital Assets ,
ESRB ,
EU ,
Export Controls ,
Fashion Branding ,
Fashion Industry ,
Germany ,
Hydrogen Power ,
Internet of Things ,
Money Market Funds ,
Supply Chain ,
Tender Offers
BACKGROUND AND OVERVIEW - In the last few weeks, the European Union has adopted measures to react to the Russian invasion of Ukraine. These new sanctions are in addition to the restrictive measures already imposed by the...more