We recently held a webinar on Navigating the Transposition of the New EU Sanctions Directive: Current Status and Future Implications.The session covered how the new EU Sanctions Directive is being implemented across member states, outlining key legal changes and enforcement trends. The session also provided practical guidance on how companies can prepare for increased enforcement risk and adapt their compliance programs accordingly.You may view the webinar recording on demand here. You may also view upcoming webinars in…
On 20 May 2025, the European Union adopted its 17th sanctions package in response to Russiaâs ongoing war against Ukraine. Building on the extensive measures already in place, this package signals a further tightening of economic and legal pressure points, with over 2,400 individuals and entities now sanctioned. Notably, the package reflects a growing willingness by the EU to extend its sanctions regime not only in scope but in geographic and sectoral reach. This blog…
Earlier this year, the EU introduced various new restrictions as part of its sanctions packages targeting Russia (see our blog post on the 14th EU Russia sanctions package) and Belarus (see our blog post of the most recent EU Belarus sanctions package). Among the notable and novel restrictions were: Businesses should therefore review their current practices and consider whether any enhancements are necessary to comply with these measures. Guidance on âbest effortsâ obligations The “best…
In a significant move to counter Russiaâs destabilizing actions abroad, the Council of the EU has enacted Regulation (EU) 2024/2642 on 8Â October 2024 concerning restrictive measures in view of Russiaâs hybrid, destabilizing activities (âEU Russia Destabilization Sanctionsâ). The new sanctions framework aims at targeting individuals and entities involved in hybrid activities that undermine the fundamental values and security of the EU, its member states, and international organizations. The decision, proposed by Josep Borrell, the High…