clarification on the interpretation of the "anti-circumvention clauses" in the EU sanctions regimes: in the context of the prohibition to participate in activities to circumvent imposed sanctions, in accordance with the jurisprudence of the Court of Justice of the European Union, “knowingly and int...
HM Revenue and Customs (HMRC) has issued a compound settlement offer to a UK exporter regarding the export of goods in breach of The Russia (Sanctions) (EU Exit) Regulations 2019. In August 2024, £58,426.45 was paid relating to the export of goods in breach of The Russia (Sanctions) ...
As most cases challenging the sanctions are pending, this Article draws lessons from the previous case law on EU restrictive measures. It explores what aspects of the sanctions escape judicial review, then profiles of external (or formal) legality of the sanctions, of internal (or s...
The winding down of the foregoing exemption was first implemented in the 12th package of EU sanctions in December 2023, which provided for a six-month wind-down period ending on 20 June 2024. Given that licensing under Regulation 833 is handled by individual EU Member States, the ...
The asset freeze restrictions against the listed persons and entities entered into force on 18 December 2023,3and the sectoral sanctions took effect on 19 December 2023.4 The key aspects to note are: The EU has introduced new criteria for imposing asset freeze restrictions, including on pers...
On 16 December 2022 the EU adopted the 9th package of Russian sanctions. A number of Regulations and Decisions were published (full details can befound here) but of particular significance for members is Council Regulation (EU) 2022/2474 which further amends Regulation (EU) 833/2014 (the Regul...
President Biden has imposed a variety of sanctions in response to Russia's invasion of Ukraine. Ari Redbord, head of legal and government affairs at TRM Labs, joins CBS News' Elaine Quijano and Nikki Battiste to discuss the latest updates.
The EU will also target dual-use goods — which can be put to both civilian and military uses — as well as Russian individuals. The sanctions will include export controls. In addition, the EU condemned the involvement of Belarus, which has abetted Russia’s invasion, and said sa...
Furthermore, the sanctions aim to target the Russian state's ability to access the EU's capital and financial markets and services. "If Russia continues to escalate this crisis that it has created, we are ready to take further action in response," von der Leyen said. ...
"Member states also stated their willingness to include the energy sector under sanctions, following a timeline yet to be determined," said Le Maire, after heading an EU Economic and Financial Council meeting in Luxembourg. He said French President Emmanuel Macron had stated France's desire "very...