Baker McKenzie’s Sanctions Blog published the alert titled Switzerland implements fifth EU sanctions package on 3 May 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled New Russian legal framework for blocking sanctions prohibiting: (i) Russian persons from entering transactions with designated persons; and (ii) the export of certain Russian items in favour of sanctioned persons on 4 May 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled Russia: New Russian Presidential Decree imposes new restrictions on distribution of profits and introduces certain clarifications to the existing limitations on 5 May 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
On April 25, 2022, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) re-issued General License 13R (“GL 13R”) and General License 15L (“GL 15L”), narrowing those authorized activities with GAZ Group and entities owned 50% or more by GAZ Group (“GAZ”), as further described below. OFAC also issued a set of updated FAQs to clarify the scope of authorized activities under these GLs.
Baker McKenzie’s Sanctions Blog published the alert titled OFAC Targets Sanctions Evaders, Issues New General Licenses and Fact Sheet; President Biden Issues Proclamation Targeting Russian-Affiliated Vessels on 23 April 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled BIS Updates List of Aircraft Exported to Russia or Belarus in Apparent Violation of the EAR on 23 April 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled Ukraine extends the scope of Expropriation Law against Russia on 25 April 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled UK announces further import sanctions against Russia on 26 April 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled Poland introduces sanctions against Russia and Belarus on 26 April 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Baker McKenzie’s Sanctions Blog published the alert titled Canada Imposes Additional Sanctions on 203 Officials of the Governments of the so-called DPR and LPR on 28 April 2022. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.