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Biden Administration Office of Foreign Assets Control (OFAC) European Union

Skadden, Arps, Slate, Meagher & Flom LLP

Security Assistance Law Expanded the Reach of US Sanctions and Doubled the Statute of Limitations

On April 24, 2024, President Joe Biden signed the 21st Century Peace Through Strength Act (Act) into law. The Act, which is part of a broader law providing supplemental aid to Israel, Taiwan and Ukraine, contains several...more

Venable LLP

New U.S. Sanctions Target Russia's Industrial Base, Additional Financial Institutions, and Technology Suppliers

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Since the outset of the Russian aggression in Ukraine, the Biden administration has issued incremental sanctions targeting various sectors of the Russian economy, aimed at curbing Russia's ability to wage war against Ukraine....more

WilmerHale

Enhanced Global Russian Sanctions and Export Controls to Counter Circumvention

WilmerHale on

On May 19, in response to Russia’s ongoing invasion of Ukraine, the United States, in coordination with allies and partners, announced new sanctions restrictions and export controls targeting Russia’s evasion networks,...more

Eversheds Sutherland (US) LLP

Russia and Belarus sanctions update - March 2023

In recognition of the one-year anniversary of Russia’s invasion of Ukraine, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) and US Department of Commerce’s Bureau of Industry and Security (BIS)...more

Holland & Knight LLP

OFAC Updates U.S. Oil Price Cap Policy Against Russia

Holland & Knight LLP on

As an update to an earlier Holland & Knight alert on the same topic, the U.S. Department of the Treasury Office of Foreign Asset Control (OFAC) has published another determination pursuant to Executive Order 14071 expanding...more

Eversheds Sutherland (US) LLP

Russia and Belarus sanctions update - December 2022

Oil price cap - The oil price cap has been co-ordinated by the G7 in order to make EU, UK and US services (including (re)insurance) available to third country importers and exporters as long as the price paid for...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

Venable LLP

Russia Update: U.S. Tightens Pressure on Russia with New, Coordinated Sanctions Package | Insights

Venable LLP on

This is part of a series of advisory alerts from Venable's International Trade and Logistics Group, published in response to the ongoing war in Ukraine. Earlier alerts on Russia and Ukraine sanctions are available in...more

Lowenstein Sandler LLP

Trade Matters - Lowenstein Sandler's Global Trade & National Security Newsletter June 2022

Lowenstein Sandler LLP on

1. BIS Announces Plans To End Categorizing Emerging and Foundational Tech- On May 22, BIS announced in a proposed rule that it will end the effort to characterize specific technology as emerging or foundational for...more

Latham & Watkins LLP

Sanctions and Export Controls Update: US, UK, and EU Developments Relating to Russia

Latham & Watkins LLP on

New rules and announcements expand existing sanctions and export controls relating to Russia. This Client Alert is published in the context of ongoing developments and should be read in conjunction with the Latham &...more

The Volkov Law Group

United States and EU Expand Russian Sanctions and Export Controls

The Volkov Law Group on

In its continuing ratcheting of sanctions against Russia, the United States and the European Union have announced new sanctions and export controls to target additional industries and government officials.  In a new front,...more

Wiley Rein LLP

Biden Administration Increases Sanctions, Export Control Restrictions Amid Russia’s Continued Aggression in Ukraine

Wiley Rein LLP on

Over the last week, the Biden Administration announced new sanctions and export controls on Russia and “the Putin regime for its atrocities in Ukraine, including in Bucha.” These actions include full blocking sanctions on two...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - April 2022 - Russian Sanction Updates and Reporting Requirements: What are your...

In response to the Russian Federations’ (“Russia”) invasion of Ukraine, the U.S. Government has recently announced expansive economic sanctions against Russia and its economy. The U.S. Department of the Treasury’s Office of...more

ArentFox Schiff

Biden Administration Rolls Out New Tranche of Sanctions on Russia Blocking Major Russian Banks and Elites and Prohibiting New...

ArentFox Schiff on

On Wednesday, April 6, 2022, the U.S. Government, in concert with the G7 and European Union, took significant additional sanctions actions against Russia “to impose severe and immediate economic costs on the Putin regime for...more

K&L Gates LLP

New U.S. Sanctions Restrict Investment and Services in Russia and Block Major Russian Banks

K&L Gates LLP on

On 6 April 2022, the United States imposed a new round of sanctions on Russia in response to its continued actions in Ukraine. K&L Gates covered previous rounds of sanctions in alerts on 24 February, 25 February, 15 March,...more

Foley Hoag LLP

Russia Sanctions Update – March 28, 2022

Foley Hoag LLP on

U.S. Sanctions - The U.S. continued to expand its Russia-related sanctions with new additions to the Specially Designated Nationals and Blocked Persons List (“SDN List”) made by the U.S. Department of the Treasury’s Office...more

A&O Shearman

US, EU and UK Target Russia with New Sanctions as Ukraine Invasion Escalates

A&O Shearman on

Since late February 2022, the United States (U.S.), the European Union (EU) and its member states, the United Kingdom (U.K.), and many others—including Japan, Australia, New Zealand, Taiwan and Canada—have imposed sweeping...more

Foley Hoag LLP

Russia and Belarus Sanctions Update – March 11, 2022

Foley Hoag LLP on

I. Biden Administration Import and Investment Ban Related to Russian Energy - On March 8, 2022, the Biden administration announced its widely anticipated ban on the import of Russian oil and other energy-related...more

K2 Integrity

Sanctions Against Russia: The Week in Review

K2 Integrity on

The Week in Review delivers the impact and analysis for the public, private, and non-governmental sectors from our daily reporting of the evolving global sanctions campaign against Russia. This week, we reviewed the recent...more

Womble Bond Dickinson

Russia and Belarus Targeted With Comprehensive Economic Sanctions and Export Control Restrictions: U.S., U.K., and EU Regulatory...

Womble Bond Dickinson on

In response to the Russian Federation’s invasion of Ukraine in February 2022, the U.S., U.K., and EU have implemented sweeping coordinated economic sanctions and export control restrictions targeting key industries, entities,...more

BakerHostetler

New Key Developments in Response to Russia's Invasion of Ukraine

BakerHostetler on

The United States and the European Union imposed additional sanctions this week in response to the Russian Federation’s invasion of Ukraine and the United States announced its intention to make sanctions enforcement a...more

Alston & Bird

The United States and Its Allies Impose Unprecedented Sweeping “Second Tranche” of Economic Sanctions and Export Controls in...

Alston & Bird on

The United States and its allies respond to Russia’s invasion of Ukraine with even tougher sanctions against Russia, its leaders, and its leading businesses. Our International Trade & Regulatory Group breaks down the...more

A&O Shearman

Sweeping New Sanctions: US, EU, UK and Other Countries Target Russia for Ukraine Invasion

A&O Shearman on

Over the past week, the United States, the European Union and its member states, the United Kingdom, and several other countries have imposed rounds of sweeping new sanctions on Russia in response to its invasion of Ukraine....more

WilmerHale

United States and Allies Sanction Russia for Invading Ukraine

WilmerHale on

The United States, the European Union (EU), the United Kingdom (UK), and other allies and partners are implementing wide-ranging, novel sanctions and sweeping export controls against Russia in response to its invasion of...more

Pillsbury Winthrop Shaw Pittman LLP

Russia Invades and the West Reacts: A Look at Russian Sanctions So Far

Despite months of posturing and growing geopolitical tensions, Russia’s full-scale invasion of Ukraine this week was a shock to the global community. Western leaders have been swift and unanimous in their response, condemning...more

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