Sep 15, 2023 The cost of a £250 withdrawal: latest UK sanctions developments By Jonathan Kelly Simon Orton Rebecca Freedman The UK Office of Financial Sanctions Implementation (OFSI) recently issued its first “disclosure notice” and, on the same day, updated...
Sep 14, 2023 Russia Sanctions: Forced administration of subsidiaries of Western groups in Russia By Lukas Pomaroli Dr. Stephan Denk Stephanie Brown Cripps Daniel Gruenwald +1 more... Show less Over the course of the last months, the Russian government has ramped up its “countermeasures” intended to counteract the effect of...
Jul 03, 2023 Sanctions evasion enforcement takes center stage By Stephanie Brown Cripps Daniel Gruenwald Oliver Hamill Donna Faye Imadi Aryeh Kaufman Katie Palms Lukas Pomaroli Tensin Studer Laura Feldman +6 more... Show less US, UK, and EU regulators are warning companies that even seemingly innocent activities can result in sanctions enforcement and penalties...
Nov 10, 2022 Sanctions & Extraterritorial Effect – Why multiple restrictive measures may apply to your business dealings By Tobias McKinnon Joaquin Terceño Kaori Yamada The demands on compliance programmes and procedures have increased considerably in recent months, especially in light of the fast-moving...
Oct 25, 2022 Dealing with supply cost volatility on major projects: The use of price escalation clauses in construction contracts By Vanessa Medina Stefan Pislevik After two decades of relative stability of input cost for labour and materials, a perfect storm of events (including COVID-19, global...
Jul 29, 2022 FCA enforcement action on Russian sanctions By Oliver Hamill Christopher Robinson Sarah Robinson Given the exceptional scale and speed with which sanctions were implemented against Russia by the UK Government, the FCA and the Office...
May 12, 2022 Are new EU Sanctions on government contracting a "Don't Buy Russian" rule? By Felicitas Weber Sascha Arnold The European Union continues to impose new sanctions and export control restrictions related to Russia, in response to the war in Ukraine...
Mar 29, 2022 UK withdraws Russia WTO privilege by increasing tariffs on Russian goods By Ashmita Garrett Lorand Bartels The UK government has now imposed a 35% tariff uplift on goods imported from Russia and Belarus. The list of affected goods is here and...
Mar 25, 2022 State aid: The Commission has adopted a Temporary Crisis Framework in response to the conflict in Ukraine By Andreas von Bonin Merit Olthoff Gabriel Andraos Clémence Coppin +1 more... Show less On 23 March 2022, in response to the conflict in Ukraine, the European Commission (the Commission) adopted a Temporary Crisis Framework...
Mar 18, 2022 When sanctions preclude payment or performance of a contract: Key points to consider By Matt Evans Ali Kirby-Harris Simon Orton Tom Hutchison David Livshiz Martin Mekat +3 more... Show less The many sanctions against Russian businesses imposed by governments across the globe have, by design, prevented numerous companies from...
Mar 16, 2022 The European Commission is consulting Member States on a Temporary Crisis Framework for State aid measures in response to the conflict in Ukraine By Andreas von Bonin Merit Olthoff Gabriel Andraos You can read an updated version of this blog here, which reflects updates made to the TCF after this blog was published.On 10 March 2022,...
Mar 14, 2022 Sanctions: What do they mean for listed companies in the UK in respect of their shareholders? By Ali Sallaway Mark Austin Ziyad Nassif Benjamin Ng +1 more... Show less Changes to UK sanctions lawFollowing Russia’s invasion of Ukraine, there is heightened focus on sanctions, including, among other...