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US sanctions major Russian financial institutions

The United States introduced additional sanctions against Russia in order to further restrict the country’s ability to access the international financial system. The new designations have also significant consequences for European companies ...

EU widens restrictive measures towards Iran

On 18 November 2024, the Council of the European Union widened the scope of the EU framework for restrictive measures in view of Iran’s military support to Russia’s war of aggression against Ukraine and to armed groups and entities in the ...

United States: latest updates on sanctions

We report below on the most significant new developments in US sanctions, including a document released by the Bureau of Industry and Security on the tools available to authorities to monitor compliance with sanctions and export control ...

Enforcement of sanctions: increased controls on circumvention and violations

Introduction In recent years, EU foreign policy has increasingly focused on the use of restrictive measures as a key instrument. Russia’s invasion of Ukraine was a decisive catalyst for the increase of sanctions regimes: the G7 countries and ...

EU: new counter-terrorism measures

On 30.10.2024, in accordance with UN Resolution 2734 (2024), the Council of the European Union adopted Decision (CFSP) 2024/2771, amending Decision (CFSP) 2016/1693 concerning restrictive measures against ISIL (Da’esh) and Al Qaeda and ...

Preventing Russian Export Control and Sanctions Evasion: an updated guidance for Industry

On 24 September 2024, the Group of Seven (G7), consisting of Canada, France, Germany, Italy, Japan, the United Kingdom, the United States and the European Union, issued new guidelines for companies to strengthen export controls and sanctions ...

Sanctions: updates from the United States

The following is the latest news on restrictive measures from the United States, relating to updates made by the Office of Foreign Assets Control and the Financial Crimes Enforcement Network to their FAQs, and by the Department of Commerce to the ...

Secondary and extraterritorial sanctions: updates from the United States and the United Kingdom

Below are some significant updates on sanctions from the United States and the United Kingdom. There are an increasing number of cases in which non-US individuals and entities are listed under so-called ‘secondary sanctions’, a particular type ...

New EU sanctions against Belarus

On 29 June 2024, a new sanctions package against Belarus was published in the Official Journal of the European Union. Until that date, the last amendment to Regulation (EC) No. 765/2006, concerning restrictive measures in view of the situation in ...

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