I. US SANCTIONS - U.S. Department of the Treasury Designates Russian Construction Director and Issues Russia-Related General Licenses: On December 18, the U.S. Department of the Treasury’s Office of Foreign Assets Control...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
On May 19, the Bureau of Industry and Security (BIS) issued two final rules expanding the export controls in the Export Administration Regulations (EAR) against the Russian Federation (Russia) for its continued war with...more
On May 19, 2023, the United States along with other members of the G7 and other allied countries imposed additional sanctions and export controls meant to further restrict Russian economic activity and degrade Russia’s...more
On Feb. 24, 2023, the first anniversary of Russia’s invasion of Ukraine, the Bureau of Industry and Security (BIS) imposed further export controls on Russia and Belarus by expanding the scope of EAR99 items, including luxury...more
On February 24, 2023, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) announced four new rules expanding restrictions on exports to Russia and Belarus. The revisions to the Export Administration...more
UPDATE – Effective September 15, 2022, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) implemented a new rule that expanded, revised, corrected and clarified certain provisions of the Export...more
Recently, the Biden Administration adopted additional sanctions in response to Russia’s attempts to annex parts of sovereign Ukrainian territory, including the designation of 14 persons in Russia’s military industrial...more
The US continues to ramp up sanctions pressure on Russia, now emphasizing Russian efforts to evade US export controls and obligations of financial institutions to police Russian efforts at sanctions and export controls...more
On June 2, 2022, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) updated the Export Administration Regulations (“EAR”) to: (i) add 71 entities to the Entity List “for acquiring or attempting to...more
Since February 24, 2022, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) has implemented numerous new export control restrictions in response to the invasion of Ukraine by the Russian Federation...more
This alert summarizes the current state of trade measures and restrictions against both Russia and Belarus, following our last update on February 25, 2022....more
As Russia’s invasion of Ukraine continues, the White House countered with another wave of sanctions and export controls. Building on the restrictions discussed in our Phase I and Phase II alerts, these new measures further...more
The United States, along with the European Union, the United Kingdom, and other allies, has announced a new round of significantly tougher sanctions and export controls in response to the expanding Russian military invasion...more