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Thomas Fox - Compliance Evangelist

Daily Compliance News: April 30, 2025, The 4 AM Wake-Up Call Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy morning coffee, and listen to the Daily Compliance News. All, from the...more

Akin Gump Strauss Hauer & Feld LLP

EU/UK Russia Sanctions: Potential De-escalation of Sanctions and Divergence from U.S. Regime

Background - The war in Ukraine has taken a new diplomatic turn in recent weeks. Having historically aligned with the European Union (EU) and United Kingdom (UK) on its condemnation of Russia’s war in Ukraine, and the need...more

Mayer Brown

UK Weekly Sanctions Update - Week of February 3, 2025

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world. Counter-Terrorism Sanctions - UK charity director charged for breaching the Counter-Terrorism Sanctions Regulations: On February 6, 2025,...more

American Conference Institute (ACI)

[Webinar] Virtual Passport to Proficiency in Economic Sanctions - March 4th - 27th, 1:30 pm - 4:30 pm EST

ACI’s virtual Passport to Proficiency Economic Sanctions features 21 hours of in-depth training led by a distinguished faculty of sanctions experts, drawn from diverse industries, the virtual event will provide in-depth...more

The Volkov Law Group

UK’s OFSI Imposes £15,000 Penalty on Property Management Company for Sanctions Violations

The Volkov Law Group on

In late August 2024, the UK’s Office of Financial Sanctions Implementation (“OFSI”), a department within HM Treasury, imposed a monetary penalty of £15,000 on Integral Concierge Services Limited (“ICSL”)—a UK-based property...more

Mayer Brown

Russia/Ukraine Sanctions Update - Month of August

Mayer Brown on

US SANCTIONS - US Department of the Treasury Takes Further Action against Russia’s International Supply Chains: On August 23, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the US...more

Cadwalader, Wickersham & Taft LLP

US and UK Issue New Round of Russia-Related Sanctions in Connection with G7 Summit

During the week of the G7 Summit, both the U.S. and UK issued a new round of Russia-related sanctions as Russia’s invasion of Ukraine enters its 28th month. On June 12, 2024, the U.S. Department of the Treasury’s Office of...more

Katten Muchin Rosenman LLP

OFSI Publishes FAQS on UK Financial Sanctions

On 1 May 2024, the UK Office of Financial Sanctions Implementation (OFSI) published a new set of Frequently Asked Questions (FAQs). The FAQs provide short-form guidance and technical information on financial sanctions,...more

Mayer Brown

UK Weekly Sanctions Update - Week of March 18, 2024

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more

Mayer Brown

UK Weekly Sanctions Update - Week Of February 26, 2024

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more

Mayer Brown

US, EU and UK Adopt New Russia Sanctions and Export Controls as Ukraine War Hits Two-Year Mark

Mayer Brown on

Following the invasion of Ukraine by Russia on February 24, 2022, the United States ("US"), the European Union ("EU"), and the United Kingdom ("UK") adopted—together with their allies—successive waves of sanctions, in an...more

Cadwalader, Wickersham & Taft LLP

Western Governments Impose Range of New Russia Sanctions with Focus on Sanctions Evaders

The U.S., EU and UK have imposed significant new sanctions and are stepping up enforcement against sanctions evaders on the second anniversary of Russia’s full-scale invasion of Ukraine. On February 23, 2024, the U.S....more

Mayer Brown

UK Weekly Sanctions Update - Week Of February 12, 2024

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more

Mayer Brown

UK Weekly Sanctions Update - Week of February 5, 2024

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world. If you have any questions in respect of any of the developments set out below, please do not hesitate to contact a member of our London...more

Cooley LLP

UK, EU Adopt Further Sanctions Against Russia

Cooley LLP on

On 18 December 2023, the European Council adopted its 12th package of sanctions against Russia. The comprehensive new package includes additional trade restrictions, stricter asset freeze obligations, energy restrictions and...more

Mayer Brown

UK Weekly Sanctions Update - Week Of January 29, 2024

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more

Mayer Brown

UK Weekly Sanctions Update - Week Of January 22, 2024

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world. 1. Russia Sanctions - UK Government adds Russian-based cyber hacker under Cyber regime: On January 23, 2024, the UK Government,...more

WilmerHale

OTSI - the UK’s Specialist New Trade Sanctions Agency

WilmerHale on

On 11 December 2023, the UK’s Industry and Economic Security Minister announced the creation of a new UK agency dedicated to implementing and enforcing trade sanctions. The Office of Trade Sanctions Implementation (OTSI) will...more

Mayer Brown

UK Weekly Sanctions Update - Week of December 11, 2023

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world. ...more

Mayer Brown

UK Government to launch new unit to enforce export controls and trade sanctions

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On 11 December 2023, the UK Government announced plans to create the Office of Trade Sanctions Implementation (OTSI), a new governmental body that will be responsible for inter alia the civil enforcement of UK trade...more

Faegre Drinker Biddle & Reath LLP

Further Developments in UK Sanctions: Does Putin Control Every Company in Russia?

A recent decision in the High Court illustrates a further development in the landscape of the UK sanctions regime that we explored in our article for the Global Legal Post. This decision is the first significant judicial...more

White & Case LLP

UK sanctions relating to Russia: New legal advisory services ban, trade sanctions enforcement and non-government controlled...

White & Case LLP on

In relation to Russia, the UK has introduced a new sanctions prohibition on the provision of legal advisory services, amended the process for the investigation of trade sanctions offences, and added the Kherson and...more

A&O Shearman

The EU and UK adopt further sanctions against Russia

A&O Shearman on

At the close of 2022, and with the war in Ukraine entering its tenth month, the EU and the UK adopted further sanctions packages against Russia. The latest sanctions packages include further asset freezes, an EU...more

Hogan Lovells

Frozen assets report due 11 November for UK Persons holding or controlling frozen assets

Hogan Lovells on

On 2 September 2022, HM Government – through the Treasury – exercised its power to request information by issuing a financial sanctions notice requesting that all persons that hold or control funds or economic resources...more

Skadden, Arps, Slate, Meagher & Flom LLP

US, UK and EU Expand and Amend Russian Sanctions, Responding to Purported Annexations of Ukrainian Regions

In light of the recent referendums and purported annexation by Russia of four territories of Ukraine on September 30, 2022, the United States, United Kingdom and European Union have expanded measures and provided additional...more

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