Insurance Industry, Economic Sanctions, EU

Brussels Regulatory Brief: Winter 2023-2024

K&L Gates LLP on 2/13/2024

Antitrust and Competition - The European Court of Justice Held Rules Set by Sports Governing Bodies Must Comply With EU Competition Law - On 21 December 2023, the European Court of Justice (ECJ) held in a preliminary ruling...more

New EU & UK Sanctions

Akin Gump Strauss Hauer & Feld LLP on 12/27/2023

EU’s 12th Sanctions Package - On 19 December 2023, the Council of the European Union (EU) together with the Commission published its 12th round of sanctions....more

Implementation of the Russian Oil Price Cap and Key Compliance Considerations

K2 Integrity on 1/27/2023

As the Russian invasion of Ukraine continues, so too does Russia’s isolation from the West. Member nations of the Group of Seven (G7)—the United States (U.S.), Canada, France, Germany, Italy, Japan, and the United Kingdom...more

Banking Bites - June 2022

BCLP on 6/21/2022

New High Court case considers nature and scope of the Quincecare duty - In June, the Court of Appeal expanded the scope of a bank’s duty of care to protect its customers from fraud to encompass instructions by those other...more

No Way Home: Coverage Implications of Russia’s Seizure of Foreign-Owned Aircraft

Pillsbury - Policyholder Pulse blog on 4/18/2022

Ten billion dollars. Russian airlines lease an estimated $10 billion worth of foreign-owned aircraft. Most of these aircraft are leased from companies based outside Russia—often in Ireland, a global aircraft-leasing hub...more

Key Questions About Aircraft In Russia

Vinson & Elkins LLP on 3/30/2022

Since February 24, 2022, Russia’s invasion of Ukraine has led to unimaginable human suffering, a growing refugee crisis and a rising death toll. The invasion sparked a global response as governments moved to sanction the...more