On 22 February 2024, shortly before the second anniversary of Russia’s invasion of Ukraine, the UK government published its first sanctions strategy (the Strategy). The Strategy explains the UK’s use and implementation of...more
3/12/2024
/ Belarus ,
Economic Sanctions ,
EU ,
Foreign Policy ,
International Trade ,
Licensing Rules ,
Office of Financial Sanctions Implementation (OFSI) ,
Reporting Requirements ,
Russia ,
Sanctions ,
UK ,
Ukraine
With Russia’s invasion of Ukraine nearing the end of its second year, the United Kingdom has continued to introduce sanctions measures against Russia, with the latest round announced on 14 December 2023....more
1/22/2024
/ Economic Sanctions ,
EU ,
Financial Institutions ,
General Licenses ,
Oil & Gas ,
Oil Prices ,
Reporting Requirements ,
Russia ,
Sanctions ,
Trade Restrictions ,
UK ,
Ukraine
This article reflects updates to the U.K. sanctions regime through 2 December 2022. In response to Russia’s continued invasion of Ukraine, the United States, the European Union and the United Kingdom have added to their...more
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
10/14/2022
/ Biden Administration ,
Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
EU ,
Export Administration Regulations (EAR) ,
Export Controls ,
Exports ,
Foreign Policy ,
Foreign Relations ,
Office of Foreign Assets Control (OFAC) ,
Russia ,
UK ,
Ukraine
Amid the continued rollout of new sanctions measures in response to Russia’s invasion of Ukraine, the U.K. National Crime Agency (NCA) and HM Treasury’s Office of Financial Sanctions Implementation (OFSI) have jointly issued...more
Since the publication of our 9 March 2022 client alert, the US, UK and EU and other allied nations have imposed additional sanctions and export controls on key elements of the Russian economy. This client alert summarizes the...more
3/25/2022
/ Asset Freeze ,
Belarus ,
Blocking Sanctions ,
Economic Sanctions ,
EU ,
European Commission ,
Export Controls ,
Russia ,
Tariffs ,
UK ,
Ukraine
Since the publication of our February 26, 2022, client alert, the United States, United Kingdom and the European Union, among other allied nations, have imposed additional sanctions and export controls on key elements of the...more
3/10/2022
/ Belarus ,
Blocking Sanctions ,
Bureau of Industry and Security (BIS) ,
Economic Sanctions ,
Export Controls ,
Financial Institutions ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Russia ,
SWIFT ,
Ukraine
The United States, United Kingdom and the European Union, among other allies, have moved swiftly in response to the Russian Federation’s invasion of Ukraine. Merely hours after Russia’s announcement on February 21, 2022, that...more