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OFAC issues guidance on maritime services price cap for seaborne Russian oil

USA - September 12 2022 As a follow up to our alert of September 7th regarding the G7 proposal to implement a price cap with respect to seaborne Russian-origin crude oil and…

Nicholas T. Hillman

G7 proposes price cap to "amplify” existing sanctions

USA - September 7 2022 On September 2, 2022, the G7 Finance Ministers issued a statement confirming their intention to implement a price cap with respect to Russian-origin…

Mark D. Herlach, Nicholas T. Hillman

The UFLPA becomes effective and CBP and DHS issue compliance guidance as industries brace for supply chain challenges

USA - July 1 2022 The Uyghur Forced Labor Prevention Act (the UFLPA) came into effect last week, and US Customs and Border Protection (CBP) and US Department of…

Vedia Biton Eidelman, Mark D. Herlach

The US further strengthens sanctions and export controls against Russia after reports of atrocities in Ukraine

USA - April 8 2022 After reports of humanitarian atrocities and further details of the continued Russian aggression in Ukraine emerged over the weekend, the United…

Jeffrey P. Bialos, Vedia Biton Eidelman, Mark D. Herlach, Sarah E. Paul, Michael M. Petrov

Russia sanctions - further update

European Union, Russia, USA - March 22 2022 On 21 February 2022, President Putin announced that Russia recognised the independence of the…

Jeffrey P. Bialos, Vedia Biton Eidelman, Mark D. Herlach, Sarah E. Paul, Michael M. Petrov