An amendment to the notification requirements on HM Treasury, the Department for Business and Trade (DBT), the Department for Transport (DFT), and the Insolvency Service when these persons issue, vary, suspend or revoke a specific sanctions licence. Legislative changes to the licensing and exceptio...
The United States widened its sanctions against Russia Wednesday as G7 leaders prepared to gather in Italy for a summit where the top priorities will be boosting su…
Hong Kong sellers with supply chains extending into Russia from the US may need to take careful note of recent US sanctions applied against the country. In response to Russia’s recognition of the separatist Donetsk (DNR) and Luhansk (LNR) regions of Ukraine as independent republics, and the ...
US National Security Advisor Jake Sullivan warned on Tuesday that the US, along with the European Union, will impose more sanctions on Russia and toughen existing ones during President Joe Biden's visit to Brussels, Belgium, on Thursday. ...
In addition, the US State Department sanctions over 120 individuals and entities for supporting Russia's war against Ukraine. The targets include entities in countries such as China, India, Malaysia, Thailand, Türkiye, and the United Arab Emirates, as well as several senio...
This latest action underscores the continued risk involved in transacting with entities in and out of Russia that directly or indirectly support Russia’s invasion of Ukraine.
US Imposes Sectoral Sanctions Against Russia, EU Targets Individuals, May Expand SanctionsEdward J. Krauland
Sanctions against the Russian economy include a blanket ban on importing Russian technology, kicking some banks out of SWIFT, and a blanket ban on Russia’s central bank. While they have hurt Russia’s economy, some commodities are more expensive in the US as a result. But more sanctions cou...
U.S. economic sanctions against Russian interests have been building in response to the developing situation between the Russian Federation and Ukraine.
Top sanctions officials from the U.S. Treasury Department are set to make a series of international trips as part of a new campaign to pressure firms and countries that continue to do business with the Kremlin to cut off financial ties because of Russia'