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Reed Smith (Worldwide)
There are also similarly worded restrictions under Article 3i, which targets inter alia certain fertiliser products.
Herbert Smith Freehills
New Russian sanctions measures have continued to be introduced in the last few days. In this update, we summarise the UK's new sanctions legislation in relation to Russian gold, coal and oil...
Clyde & Co
The European Council has today (08 April 2022) adopted a fifth package of sanctions against Russia, with a view to putting pressure on Russia's economy and limiting its capacity for aggression against Ukraine.
Bird & Bird
Forced labour is explicitly prohibited by the European Union's Charter of Fundamental Rights. The International Labour Organisation provides the following definition for...
Herbert Smith Freehills
This update contains a round-up of recent EU and UK Russia sanctions developments. In particular, we look at a raft of new UK sanctions legislation, as well as other developments in both jurisdictions.
Clyde & Co
On the 29 June 2022, the UK government announced new sanctions against Russia targeting thirteen new individuals and entities, including Russia's second richest man, Vladimir Potanin.
Clyde & Co
Following weeks of negotiations, the European Council has agreed on the sixth package of Russia sanctions. Over the course of the European Council's "special meeting", held on the 30 and 31 May 2022...
UK
Herbert Smith Freehills
Our previous blogpost mentioned the recent red alert on sanctions evasion typologies issued by various law enforcement and financial sector partners.
Herbert Smith Freehills
This post provides an update regarding further Russia-related sanctions measures in the United States.
Herbert Smith Freehills
London is home to one of the largest diplomatic communities in the world, with over 160 embassies. In a significant judgment by a majority of three, the UK Supreme Court (the Court) ...
Cooley LLP
On 12 July 2022, the UK's National Crime Agency (NCA) and the Office of Financial Sanctions Implementation (OFSI) published a red alert report on some of the common techniques...
Reed Smith (Worldwide)
On 21 July 2022, the UK's recent sanctions against Russia came into force. This latest round of sanctions impacts the oil, insurance, energy, gold and coal markets as well as providing...
Howard Kennedy
The EU has progressively imposed sanctions and restrictive measures against Russia since 2014 in response to the illegal annexation of Crimea.
Morrison & Foerster LLP
On 13 July 2022, the National Economic Crime Centre, a multi-agency unit in the National Crime Agency (NCA), and the Office of Financial Sanctions Implementation...
Fenwick Elliott LLP
In March 2022, in allowing an appeal under section 69 of the Arbitration Act 1996, the Commercial Court held that a shipowner was entitled to rely on a force majeure clause...
Clyde & Co
On the 4 July 2022, the UK government added six new individuals in the Russian media industry and one entity, an online news site, to the UK sanctions list.
Clyde & Co
The UK yesterday (13 April 2022) sanctioned a further 206 individuals in connection with Russia's invasion of Ukraine.
Hannaford Turner
A principal characteristic of letters of credit (LCs) is their autonomous nature. For those LCs that incorporate the ICC's Uniform Customs and Practice for Documentary Credits Publication No. 600 (UCP 600),...
Clyde & Co
On the 16 June 2022, the UK announced new sanctions against Russia targeting twelve new individuals, including the Russian Children's Rights Commissioner...
Janes Solicitors
The Russian destruction and dismemberment of Ukraine's sovereign territory and population has been rightly met with public outcry and the call for stern and wide-ranging action against the Putin regime.
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