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Bermuda entities should carefully assess their business in light of rapidly evolving financial and trade sanctions imposed against Russia following the invasion of Ukraine in February 2022.
Cayman Islands
The Insolvency and Dispute Resolution team at Walkers in Dubai continue to advise on the impact of the recent sanctions imposed on Russia in an offshore context, including whether...
McGrath Tonner
Sanctions are a foreign policy tool, forming part of a broader political and diplomatic strategy, intended to achieve a desired outcome from a target country or regime.
Over the first quarter of 2022, there have been a number of notices issued by the Cayman Islands regulatory authorities.
Costa Rica
Economic Laws Practice
On April 13, 2022, a WTO Panel issued its report in the dispute Costa Rica — Measures Concerning the Importation of Fresh Avocados from Mexico (DS524).
Elias Neocleous & Co LLC
AAS Business has published an interview with Partner, Nikolas Tsardellis. The interview concerns the impact on Cyprus and its professional services sector of the...
Dominican Republic
Guzman Ariza Attorneys At Law
El Sr. Guzmán asume este cargo en representación de la Cámara de Comercio Alemana, la cual presidió anteriormente.
European Union
ELVINGER HOSS PRUSSEN, société anonyme
Since February 2022, the EU has adopted six packages of sanctions in response to Russia's invasion of Ukraine. The EU has also adopted sanctions against Belarus in response to its involvement.
Arendt & Medernach
The Council adopted restrictive measures against an additional 65 individuals. These include individuals responsible for the actions committed by the Russian troops...
Maples Group
From 13 April 2022, EU sanctions1 prohibit EU investment funds (which invest in Euro denominated transferable securities2 ) from accepting new investments from Russian or...
CSB Group
International sanctions, also known as restrictive measures, are primarily issued by the United Nations Security Council and by the European Union but there are a number of other bodies that also issue such sanctions.
International Economics Consulting Ltd.
In an effort to boost the international competitiveness of services, the Government of Mauritius has negotiated a series of comprehensive FTAs covering, as a key element of the same, trade in services chapters.
International Economics Consulting Ltd.
The United Kingdom recently announced its new Generalised System of Preferences (GSP)—the Developing Countries Trading Scheme (DCTS)—which will come into force in early 2023.
AXIS Fiduciary Ltd
As stipulated in the Mauritius National Budget 2021-2022, registration with the Economic Development Board ("EDB") is mandatory to benefit from the incentives and schemes introduced by the Government.
Amereller Legal Consultants
Companies trading in the Middle East, Africa and Asia are increasingly facing collection problems concerning letters of credit (LCs), the longstanding core of trade finance.
United Trademark & Patent Services
In an attempt to boost relations between the two countries, UAE and Indonesia have signed a new economic pact, which is expected to design a new route for Indonesian businesses...
Maples Group
In a judgment published by the British Virgin Islands ("BVI") Commercial Court this week, the Honourable Mr Justice Jack has issued fresh guidance on the circumstances...
Arendt & Medernach
On 8 April 2022, the Council of the European Union (the "Council") adopted new restrictive measures against Russia due to the ongoing conflict in Ukraine.
Dr Werner & Partner
This might reduce the ability for Russia to make use of its war chest.
Arendt & Medernach
On 9 and 15 March 2022, the Council of the European Union (the "Council") adopted new restrictive measures against Russia and Belarus due to the ongoing conflict in Ukraine.
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