Although the European Union and the United Kingdom did not introduce new sanctions against Russia over the summer, they extensively focused on the implementation of the existing measures and their enforcement. This week,...more
10/8/2024
/ Court of Justice of the European Union (CJEU) ,
Due Diligence ,
Economic Sanctions ,
Enforcement Actions ,
EU ,
European Commission ,
Evasion ,
Frozen Assets ,
Licensing Rules ,
Penalties ,
Reporting Requirements ,
Russia ,
Sanction Violations ,
UK ,
Ukraine
On June 24, 2024, the European Union adopted its 14th sanctions package (implemented by EU Regulations 2024/1745 and 2024/1739). While the focus of this package was to curb the violation and circumvention of sanctions through...more
7/8/2024
/ Asset Freeze ,
Divestment ,
Energy Sector ,
Enforcement ,
EU ,
Exports ,
Financial Services Industry ,
Russia ,
Sanctions ,
Transportation Industry ,
UK ,
Ukraine
From June 20, 2024, EU companies with a presence in Russia will no longer be able to rely on the “partner countries” exemption and will be required to obtain, or rely on, a licence to provide business services and/or software...more
6/7/2024
/ Economic Sanctions ,
EU ,
France ,
General Licenses ,
Germany ,
Italy ,
Member State ,
Russia ,
Sanctions ,
Technology Sector ,
UK ,
Ukraine
The European Union and the United Kingdom continue to tighten sanctions against Russia, particularly in the wake of the second anniversary of Russia’s invasion of Ukraine and the sudden death of Russian opposition leader...more
4/8/2024
/ Asset Freeze ,
Economic Sanctions ,
EU ,
Foreign Policy ,
Imports ,
International Trade ,
Popular ,
Russia ,
Sanctions ,
UK ,
Ukraine