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… 8 March 2023 Read More
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… 27 February 2023 Read More
OFAC and BIS Provide Clarification on the Expanded List of Sanctioned In... On June 28, 2022, the US Financial Crimes Enforcement Network (FinCEN) and the US Department of Commerce’s Bureau… 24 February 2023 Read More
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… 17 February 2023 Read More
OECD Issues an Administrative Guidance on Clarifying the Interpretation ... The Organization for Economic Co-operation and Development (OECD) and the G20 Inclusive Framework on Base Erosion and Profit… 8 February 2023 Read More
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… 5 February 2023 Read More
Gazprombank (Russia) will cease processing transactions in USD January 2023. Gazprombank (Russia) was notified by two major US banks, JPMorgan Chase, and Bank of New York… 24 January 2023 Read More
UAE Introduces a new Corporate Tax Law December 2022, United Arab Emirates (“UAE”) have enacted a Federal Decree-Law No. 47 of 2022 on the Taxation… 16 January 2023 Read More
The RF sanctions foreign energy companies The RF enacted Decree No. 851 on May 11th, 2022 “On measures to implement Presidential Decree No. 252… 11 May 2022 Read More
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… 10 May 2022 Read More
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… 9 May 2022 Read More
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… 9 May 2022 Read More
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… 6 May 2022 Read More
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… 6 May 2022 Read More
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,… 5 May 2022 Read More
The UK announces amendments to the Export Control Order 2008 The UK published The Export Control (Amendment) Order 2022, amending the Export Control Order 2008 on April 28th,… 29 April 2022 Read More
Sanctions Compliance – ENR Law While various sanctions and restrictions on international business activities have been in place since the second half of… 28 April 2022 Read More
The UK announces further plans to revise Ukrainian import tariffs and pr... The UK government declared its plans to cancel tariffs on all goods imported from Ukraine to zero pursuant… 25 April 2022 Read More
The HMRC announced its plan to revoke the Moscow Stock Exchange’s positi... On April 19th, 2022, the UK’s tax authority (HM Revenue and Customs) declared its plan to deny the… 19 April 2022 Read More
The UK imposed additional sanctions against the RF The UK government made additional amendments to the Russia (Sanctions) (EU Exit) Regulations 2019 within the Russia (Sanctions)… 14 April 2022 Read More
US President Biden signs new bills barring energy imports and revoking R... President Biden signed two new bills into law on April 8th, 2022, banning importation of RF energy products… 9 April 2022 Read More
The US Commerce Department adds 120 additional Belarusian and Russian en... The US Commerce Department, through its Bureau of Industry and Security (BIS), proclaimed the addition of 120 new… 1 April 2022 Read More
The UK further revises its Russia Regulations The UK government made additional amendments to its Russia Regulations on March 30th 2022. On this day, the… 30 March 2022 Read More
Switzerland announces further sanctions against Russia The Swiss Federal Council decided to impose further sanctions against Russia on March 25th 2022. This move implements… 25 March 2022 Read More
