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The Council has extended the sanctions against Russia in response to the illegal annexation of Crimea and Sevastopol
  • De Berti Jacchia Franchini Forlani Studio Legale
  • Russia, European Union
  • June 25 2018

On 18 June 2018, the Council of the European Union extended by one year, until 23 June 2019, the restrictive measures in response to the illegal

New Ukrainian Sanctions against Russia
  • Baker McKenzie
  • Russia, Ukraine
  • May 25 2018

The details of the new Ukrainian sanctions enacted by the President of Ukraine on 14 May 20181 were announced on 24 May 2018 to become effective

Russian State Duma Proposes to Criminalize Compliance with US and EU Sanctions and Adopts Retaliatory Measures
  • Steptoe & Johnson LLP
  • USA, Russia, European Union
  • May 24 2018

On May 14, a cross-party group of Russian lawmakers at the Russian State Duma, the lower house of the Federal Assembly of Russia, introduced an

Ukraine Imposes New Sanctions against Russia in line with the Recent US Sanctions
  • Baker McKenzie
  • Ukraine
  • May 21 2018

On 14 May 2018, the President of Ukraine enacted a decision of the Ukrainian National Security and Defense Council (the “NSDC“) imposing new and

Updates on Russia’s Proposed New Counter-Sanctions
  • Baker McKenzie
  • Russia
  • May 15 2018

Last week the State Duma decided to amend Draft Bill No. 441399-7 “On Measures (Countermeasures) in Response to Unfriendly Actions of the USA and (or)

OFAC Eases MaintenanceWind-Down and Divestment Restrictions in New General Licenses
  • Steptoe & Johnson LLP
  • USA, Ukraine
  • May 9 2018

On May 1, OFAC issued two amended general licenses under the Ukraine-Related Sanctions Regulations (URSR). General License No. 12B, superseding

U.S. increases sanctions against Russia
  • Reed Smith LLP
  • USA, Russia
  • March 22 2018

To confront recent Russian cyber activity, last week the U.S. Department of Treasury’s Office of Foreign Assets Control (OFAC) designated five Russian

US issues new sanctions and advisory on Sanctions Risks Related to North Korea’s Shipping Practices
  • Clyde & Co LLP
  • USA, North Korea
  • February 26 2018

On February 23, 2018, the US Government issued new sanctions and an extensive advisory targeting North Korea‘s shipping practices. First, under

Russia’s Rosneft to re-challenge EU sanctions
  • Baker McKenzie
  • European Union
  • December 13 2017

It is understood that Russian owned oil and gas company, Rosneft, has re-challenged the EU’s decision to impose sanctions on Russia in July 2014

Significant New Russia, Iran and North Korea Sanctions Legislation Signed Into Law
  • K&L Gates
  • USA
  • August 28 2017

On August 2, 2017, President Trump signed into law the Countering America’s Adversaries Through Sanctions Act (the “Act”). Passed by overwhelming