Following initial announcements last year, on July 20, 2022, the US Department of State’s Directorate of Defense Trade Controls (“DDTC”) published two Open General Licenses (“OGLs”) permitting certain reexports and retransfers to certain parties under the International Trade in Arms Regulations (“ITAR”). The OGLs, which are part of a DDTC pilot program, will be valid for one year, effective from August 1, 2022 through July 31, 2023. The related DDTC fact sheet can be found…
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On August 2, 2022, Canada announced additional amendments to its sanctions measures imposed against Russia. These amendments have…
On 3 August 2022, the Swiss Federal Council decided on the partial implementation of the substantive amendments to…
On 29 July 2022, the Swiss Department of Economic Affairs, Education and Research amended multiple annexes of designated…
On 20 July, the European Commission (“Commission”) amended its state aid Temporary Crisis Framework (TCF), which was initially…
The UK has recently adopted the following pieces of legislation which introduce new restrictions against (mainly) Russia and…
On July 22, 2022, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued two…