On February 24, 2025, the EU adopted its 16th package of sanctions against Russia, Belarus and non-government-controlled areas of Ukraine, symbolically marking the third anniversary of the start of Russia’s invasion of...more
3/11/2025
/ Belarus ,
Economic Sanctions ,
Energy Sector ,
EU ,
Export Controls ,
Exports ,
Financial Institutions ,
Imports ,
Popular ,
Russia ,
Trade Relations ,
UK
On January 16, 2025, the European Commission issued a recommendation encouraging EU Member States to begin reviewing outbound investments in critical technologies including AI, semiconductors and quantum technologies to...more
On December 16, 2024, the EU issued its 15th package of sanctions against Russia, new designations under the Belarus sanctions regime, and the first designations under the hybrid threats sanctions regime adopted in October...more
12/27/2024
/ Asset Freeze ,
Belarus ,
Belarus Sanctions ,
Economic Sanctions ,
Entity List ,
EU ,
Export Controls ,
Exports ,
Imports ,
Russia ,
Trade Restrictions ,
Ukraine
New UK enforcement body goes live and new powers granted to existing body, regulating those doing business in the UK.
UK trade sanctions enforcement risks are set to increase on October 10, 2024, as two government agencies...more
10/11/2024
/ Aviation Industry ,
Economic Sanctions ,
Enforcement ,
Export Controls ,
Financial Institutions ,
Financial Services Industry ,
HMRC ,
National Crime Agency (NCA) ,
Office of Financial Sanctions Implementation (OFSI) ,
Penalties ,
Reporting Requirements ,
Sanction Violations ,
Shipping ,
UK
On September 12, 2024, the UK government published the Trade, Aircraft and Shipping Sanctions (Civil Enforcement) Regulations 2024 (the “Regulations”), granting the UK’s trade sanctions enforcement body, the Office of Trade...more
On 24 June 2024, the EU adopted its 14th package of sanctions against Russia. The latest measures include: The designation of 116 additional individuals and entities across a number of industries for their responsibility in...more
7/10/2024
/ Asset Freeze ,
Corporate Counsel ,
Economic Sanctions ,
Energy Sector ,
EU ,
Export Controls ,
Exports ,
Financial Services Industry ,
Foreign Policy ,
Importers ,
Imports ,
Natural Gas ,
Russia ,
Ukraine ,
Vessels
On April 30, 2024, the Department of State proposed an amendment to the International Traffic in Arms Regulations (ITAR) intended to facilitate exports of defense articles, the performance of defense services, and brokering...more
5/9/2024
/ AUKUS ,
Australia ,
Directorate of Defense Trade Controls (DDTC) ,
Exemptions ,
Export Controls ,
Exports ,
ITAR ,
Popular ,
Proposed Regulation ,
Proposed Rules ,
UK ,
US Department of State
The United Kingdom (“UK”) introduced new sanctions against Russia on December 14, 2023 with the European Union (“EU”) also adopting its 12th package of sanctions against Russia on December 18, 2023....more
The EU’s new Joint Communication on a European Economic Security Strategy proposes a methodology for an EU economic security risk assessment and identifies measures to mitigate these risks. The Strategy is noteworthy because...more
On June 8, 2023, the United States and the United Kingdom announced the Atlantic Declaration for a Twenty-First Century U.S.-UK Economic Partnership (“Declaration”). The Declaration re-affirms the need to adapt and reimagine...more
6/30/2023
/ Artificial Intelligence ,
Clean Energy ,
Emerging Technologies ,
Energy Sector ,
Export Controls ,
National Security ,
Supply Chain ,
Technology Sector ,
Telecommunications ,
Trade Agreements ,
UK
On February 24 and 25, 2023, the United Kingdom and European Union each adopted additional sanctions against Russia due to the ongoing conflict in Ukraine. These new measures are summarized below....more
This post marks the third entry in our Year-in-Review series. For prior posts, click here. Many of the first measures that the United States, European Union and United Kingdom collectively took against Russia in 2022 related...more
This post marks the second entry in our Year-in-Review series. For prior posts, click here. Few sectors have been more affected by the sanctions on Russia than the energy industry....more
On February 24, 2022, the United States (U.S.), European Union (EU), United Kingdom (UK), and other countries issued a barrage of sanctions against the Russian financial sector, cutting off many major banks from the global...more
U’s Ninth Package - On Friday 16 December 2022 the EU issued its ninth package of sanctions against Russia. Under the new package: Asset freezes have been imposed against 174 new individuals and entities including National...more
The EU has published its eighth package of measures and the UK has published a number of new regulations to implement previously announced measures. Split across four regulations, the EU’s eighth package: Introduces new...more
In the final few days of September, the U.S. and global allies issued a number of sanctions and export controls against actors who have supported Russia’s referendums in Ukraine and related attempts to annex four Ukrainian...more
EU update - On July 21, 2022, the EU published its “maintenance and alignment” package of sanctions. This latest package seeks to tighten existing sanctions, perfect their implementation, and strengthen their effectiveness. ...more
EU introduces a sixth package of sanctions On 3 June 2022, the EU adopted a sixth package of sanctions against Russia which includes economic, individual, media and diplomatic measures....more
The EU and UK have imposed additional export controls and sanctions with respect to Russia and Belarus connected to the Russian invasion of Ukraine. Below is a summary of key developments over recent days since our last blog...more
3/3/2022
/ Airspace ,
Asset Freeze ,
Belarus ,
Belarus Sanctions ,
Economic Sanctions ,
Export Controls ,
Foreign Relations ,
Proposed Legislation ,
Russia ,
UK ,
Ukraine
As the Russian invasion of Ukraine continues, the global pressure on the Putin regime intensifies with the EU issuing additional sanctions and export controls on Friday evening (February 25). The legislation implementing the...more
3/1/2022
/ Asset Freeze ,
Blocked Person ,
Economic Sanctions ,
EU ,
Export Controls ,
Exports ,
Financial Institutions ,
Foreign Policy ,
General Licenses ,
Office of Financial Sanctions Implementation (OFSI) ,
Russia ,
UK ,
Ukraine
U.S., UK and EU authorities continue to expand sanctions targeting the Tatmadaw, Myanmar’s armed forces, following the February 17, 2021, military coup in Myanmar (also known as Burma). Over the past month, the United States...more
Following the UK’s withdrawal from the EU, effective 11 pm UK time on 31 December 2020, the UK (with the exception of Northern Ireland in some cases) no longer automatically implements EU laws.
This has brought about...more