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”… Read More
Post-Brexit consequences: UK count founds Home Office’s interpreta... Under the Brexit Withdrawal Agreement[1], the UK and the EU agreed that EU citizens in the UK and… Read More
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… Read More
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… Read More
Russian State Duma has prohibited to transfer collected debt money to cr... December 20, 2022, Russian Duma (lower chamber of Russian Parliament) has adopted a new bill No. 155721-8[1] amending… Read More
Luxembourg has issued a General Authorization allowing to unblock the as... December 20, 2022, Luxembourg Ministry of Finance has authorized[1] (“General Authorization”) a release of funds held by currently… Read More
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… Read More
U.S. Sanctions additional Russian nationals and entities, extending cert... December 15, 2022, the OFAC has (i) updated SDN list and (ii) issued several General Licenses. Updates of… Read More
Russian authorities have determined criteria for foreign companies’ Russ... According to the draft of Minutes of meeting of Russian Governmental Commission for Overseeing of International Investments, December… Read More
Danske Bank A/S pleads guilty to fraud regarding the access the US Finan... December 12, 2022, Danske Bank A/S, the largest Danish financial institution, has pleaded guilty and agreed to pay… Read More
EU Adopts Directive on 15% minimal taxation imposed on big business, fol... December 12, 2022, the Council of European Union has agreed on a Directive on ensuring a global minimum… Read More
The European Court of Justice imposes on search engines obligation to re... December 8, 2022, the European Court of Justice (ECJ) has rendered a judgment in Case C-460/20[1] imposing on… Read More