Sanctions | ENR LAW

OFAC, BIS, and US Munitions List: a Practical Guide of Sanctions Complia...

On February 24, 2023, US Office of Foreign Assets Control (OFAC) has issued a huge update of their…

OFAC and BIS: a Detailed Comparison of Sanctions Regime

On February 24, 2023, US Office of Foreign Assets Control (OFAC) has issued an amended Specially Designated Nationals…

EU Introduces the 10th Package of Sanctions Against Russia

On February 24, 2022, the European Council has announced its 10th package of sanctions against Russia. This package…

The UK Updates its Russian Sanctions List

On February 24, 2023, the UK Office of Financial Sanctions Implementation of the Treasure has updated its Russian…

OFAC Updated its SDN list, issues new General Licenses, a new Determinat...

On August 24, 2023, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed…

The High Court of New Zealand Confirms the Right of the Bank to Terminat...

On 17 February 2023, the High Court of New Zealand has delivered a judgment on a dispute between…

US Court Allows Forfeiture of Assets that Belong to a Sanctioned Russian...

In April, 2022, the European Council has announced its “freeze and seize” legislative initiative and formed a so-called…

The EU Caps Purchase Price of Russian Oil and Gas Products, Effective Fe...

The European Union has imposed a limited ban and a purchase price cap on the import and transport…

British High Court Authorizes Money Judgement in Favor of a Bank Subject...

In a recent judgment, British High Court of Justice ruled on an application for a stay and discharge…

European Council clarifies its prohibition on providing legal services

Earlier, following the updated Art. 5n of Council Regulation 833/2014, it was prohibited to provide “legal advisory services”…

National Settlement Depository to obtained a license from Ministry of Fi...

December 22, 2022, Russian National Settlement Depository, the main depository of foreign securities in Russia, previously sanctioned by…

OFAC updates General Licences related to agricultural commodities, medic...

December 21, 2022, OFAC has added and revised several general licenses and authorizations issued earlier[1]. The new licenses…

EU Adopts 9th package of sanctions against Russia

December 16, the EU has adopted the 9th package of sanctions[1] against Russia due to its actions against…

Switzerland joins EU in imposing the 8th package of sanctions against Ru...

November 23, 2022, the Swiss Federal Council has updated its Order instituting measures in connection with the situation…

The RF sanctions foreign energy companies

The RF enacted Decree No. 851 on May 11th, 2022 “On measures to implement Presidential Decree No. 252…

The US Secretary of Commerce announced a temporary suspension of 232 tar...

The US announced temporary suspension of 232 tariffs on Ukraine steel for a term of 1 year on…

The UK announced a new package of trade sanctions against Russia and Bel...

The UK announced new measures regarding export bans and import tariffs on May 9th, 2022. The new sanctions…

The US imposed restrictions on corporate management services to Russian ...

On the 8th of May 2022, the United States adopted a new sanctions package against the Russian Federation…

The G7 countries leaders announce a joint statement on forthcoming sanct...

France, Canada, Italy, Japan, Germany, the UK, and the US announced their joint commitment to dismiss their dependency…

The RF legalized portions of parallel importation

The Russian Ministry of Industry and Trade set out a list of product categories and single products which…

OFAC issued new Russia-related general licenses

OFAC issued two revised general licenses and three new general licenses with relation to Russia on May 2nd…

The UK declares a ban on services exports to the RF

The UK government announced new prohibitions on exports of several types of services to Russia on May 4th,…

The RF publishes a new Presidential Decree which restricts distribution ...

RF President Vladimir Putin signed Decree No. 254 on May 4th, 2022 “On interval procedures for the fulfilment…

The RF enacts a new Decree imposing retaliatory sanctions

The RF has enacted the Decree on the application of retaliatory sanctions against unfriendly countries and organizations. The…