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
On 23 June 2023, the European Commission adopted its 11th package of sanctions targeting Russia and Belarus. The new package focuses on tackling the circumvention of trade sanctions through third countries and increasing the...more
On 10 November 2022, the UK’s Office of Financial Sanctions Implementation (OFSI) published its 2021 – 2022 Annual Review. In this alert, we’ve summarised its main takeaways. The publication of the Annual Review comes at a...more
In response to Russia’s invasion of Ukraine in February 2022, the United States, with support from its allies including the United Kingdom and the European Union, has imposed a complex mix of financial sanctions and export...more