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The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of... more +
The European Union is an economic and political partnership comprised of 27 nations within the Eurozone. The EU was established in 1948 to promote stability and cooperation among member states in the aftermath of WWII. The EU maintains a common currency as well as several intranational institutions, including the European Parliament and the European Commission. less -
Skadden, Arps, Slate, Meagher & Flom LLP

EU’s 14th Sanctions Package: Compliance Obligations Expand and Exits Are Facilitated

Skadden, Arps, Slate, Meagher & Flom LLP on

On 24 June 2024, the European Union (EU) adopted its 14th sanctions package directed against Russia, imposing an asset freeze against an additional 116 individuals and entities and expanding sectoral sanctions targeting key...more

Pillsbury - Global Trade & Sanctions Law

EU’s 14th Package of Sanctions on Russia

Pillsbury - Global Trade & Sanctions Law on

On 24 June 2024, the EU adopted its 14th package of sanctions against Russia. The latest measures include: The designation of 116 additional individuals and entities across a number of industries for their responsibility in...more

Dechert LLP

Multiple Governments Impose Joint Sanctions on Russia

Dechert LLP on

On the second anniversary of the start of the war in Ukraine and in response to the death of activist Aleksey Navalny in a Russian prison, the United States, European Union, and United Kingdom, along with Australia and...more

J.S. Held

2024 J.S. Held Global Risk Report: Business Implications From China’s Weakened Economy

J.S. Held on

After 30 years of extraordinary growth, China’s economy – the world’s second largest – appears to be entering a new phase of slower expansion. The real estate sector – which accounts for around one-third of Chinese GDP and...more

Skadden, Arps, Slate, Meagher & Flom LLP

EU Further Strengthens Restrictive Measures Against Russia in 12th Package of Sanctions

Skadden, Arps, Slate, Meagher & Flom LLP on

On 18 December 2023, the European Union adopted a 12th package of sanctions against Russia. The sanctions impose an asset freeze on more than 140 individuals and entities pursuant to Council Regulation (EU) 269/2014...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

American Conference Institute (ACI)

[Event] European Forum on Global Economic Sanctions - June 1st - 2nd, Berlin, Germany

American Conference Institute (ACI) on

Hosted by C5 Group, the European Forum on Global Economic Sanctions is recognized as Europe's Premier, longstanding gathering for financial institutions and global exporters. The industry across Europe is confronting an...more

Orrick, Herrington & Sutcliffe LLP

Further Expansion of UK Sanctions Legislation with Russia - August 2022

Orrick, Herrington & Sutcliffe LLP on

The UK Government has introduced further restrictions on trade with Russia to build on those already in place. The Russia (Sanctions) (EU Exit) (Amendment) (No. 14) Regulations 2022 (“No.14 Amendment”) came into force on 21...more

White & Case LLP

Germany’s Reaction to the Energy Crisis

White & Case LLP on

Following Russia's actions in Ukraine, an energy crisis unfolds in Europe and particularly in Germany. The looming threat of Russia suspending gas deliveries to Germany, or Germany ending the procurement as part of a...more

K2 Integrity

Sanctions Against Russia: The Week in Review - April 2022 - 2

K2 Integrity on

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

Hogan Lovells

U.S. announces record Strategic Petroleum Reserve release; energy-related Russia sanctions updates

Hogan Lovells on

On March 31, to address rising energy prices in the U.S. and globally, the Biden administration announced a record release from the Strategic Petroleum Reserve, of roughly one million barrels per day, every day for the next...more

White & Case LLP

Switzerland Further Expands its Sanctions Against Russia

White & Case LLP on

On March 25, 2022, Switzerland adopted new measures against Russia, further reinforcing its sanctions set. These measures are in line with those adopted by the EU on March 9 and 15, 2022. The new sanctions entered into force...more

American Conference Institute (ACI)

[Event] 16th Annual Flagship Conference on U.S. Economic Sanctions Enforcement and Compliance - May 5th - 6th, Washington, DC

American Conference Institute (ACI) on

ACI’s Annual Flagship Conference on Economic Sanctions Enforcement and Compliance is widely regarded as the premier conference designed for those working in global sanctions compliance, internal audits and investigations,...more

White & Case LLP

New EU sanctions target Russian energy investments and supplies, imports of Russian steel, exports of luxury goods, and dealings...

White & Case LLP on

On 15 March 2022, the EU expanded its asset freeze list, adding fifteen individuals and nine entities. It prohibits investments into the Russian energy sector, while carving out activities necessary for essential supplies to...more

Orrick, Herrington & Sutcliffe LLP

No longer a ‘pipedream’: Are the oil and gas sanctions on Russia an opportunity for Hydrogen to move to the front and centre of...

Orrick, Herrington & Sutcliffe LLP on

In response to Russia’s military actions in Ukraine, European and other western States have imposed wide-ranging sanctions on Russian businesses and individuals. Europe’s heavy reliance on Russian oil and gas has been at the...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

Snell & Wilmer

Global Connection - The Russian-Ukraine Conflict: Expanding Export Restrictions in the Energy Sector

Snell & Wilmer on

The Russian Federation’s intensifying war efforts across Ukraine prompted the U.S. government to announce that it will implement a ban on Russian oil and gas imports. Under the ban, the U.S. will not import “Russian crude oil...more

Orrick, Herrington & Sutcliffe LLP

Sanzioni Internazionali: nuove misure a carico della Russia da parte di U.S.A. e Unione Europea

Orrick, Herrington & Sutcliffe LLP on

L’intervento militare russo in terra d’Ucraina ha determinato e sta determinando reazioni senza precedenti da parte di diversi Stati e Organizzazioni sovranazionali. Tra queste vi è una serie di misure sanzionatorie emanate a...more

Foley Hoag LLP

Possible International Trade Consequences of Further Escalation of Conflict in Ukraine

Foley Hoag LLP on

For months, the Biden administration and the governments of U.S. allies around the world have raised concerns about Russian actions in the region. In the same breath, those governments have warned of massive, coordinated...more

Akin Gump Strauss Hauer & Feld LLP

Revisiting LNG Resale Restrictions – Implications of Recent EU Decisions

Akin Gump Strauss Hauer & Feld LLP on

In our July 2017 update in AG Speaking Energy, we highlighted that the Japan Fair Trade Commission (JFTC) concluded in its market study that destination clauses, diversion clauses, profit-sharing clauses and take-or-pay...more

Akin Gump Strauss Hauer & Feld LLP

European Commission Takes Aim at Qatar’s LNG Contracts

Akin Gump Strauss Hauer & Feld LLP on

• JFTC‘s recent market study on clauses in LNG SPAs indicate that agreements may run afoul of Japanese antimonopoly laws. • EU cases may provide guidance on application of competition law to destination clauses, diversion...more

Akin Gump Strauss Hauer & Feld LLP

Russia Sanctions - EU Expands Sanctions Following Alleged Diversion of Siemens Turbines

Akin Gump Strauss Hauer & Feld LLP on

On August 4, 2017, the Council of the European Union (the “Council”) made six new designations to the list of persons subject to restrictive measures in respect of actions undermining or threatening the territorial integrity,...more

Akin Gump Strauss Hauer & Feld LLP

Russia Sanctions Update

Akin Gump Strauss Hauer & Feld LLP on

On September 2, 2015, the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) issued a final rule amending the Export Administration Regulations (EAR) by adding 29 parties to its Entity List, a...more

Perkins Coie

Russia, Venezuela and North Korea: U.S. Trade Sanctions Expand in International Markets

Perkins Coie on

During the same week that President Barack Obama announced sweeping changes in the diplomatic and trade relationships between the United States and Cuba, the president signed congressional legislation authorizing additional...more

Dechert LLP

Amendments to EU Sanctions against Russia

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The EU adopted amendments to the current EU sanctions against Russia on 4 December 2014. These amendments are implemented via Council Regulation (EU) No 833/2014 (as amended) (“Regulation 833/2014”). They are intended to both...more

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