On March 4, 2025, the US Department of State announced the redesignation of Ansarallah (a political movement and militia group in Yemen also known as the Houthis) as a Foreign Terrorist Organization (“FTO”). The US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) separately designated seven high-ranking members of Ansarallah as Specially Designated Nationals (“SDNs”) for smuggling weapons into Houthi-controlled areas of Yemen and negotiating weapons procurement from Russia. In addition, OFAC designated…
Baker McKenzie’s Global Trade and Sanctions Practice will be hosting a webinar on the possible developments in US, EU and UK Russia sanctions policy that may occur over the coming months.This 45-minute webinar will take place Wednesday, 19 March 2025 at 3:00 PM CET / 10:00 AM EDT.It has been reported that the Trump administration has asked the US State and Treasury departments to provide a list of sanctions that could be eased as part of a plan…
As announced in its press release, on 24 February 2025, exactly three years after Russia invaded Ukraine, the EU published its 16th package of sanctions against Russia in the Official Journal. The package entered into force on 25 February 2025. The EU also introduced new measures against Belarus and Crimea and Sevastopol and certain non-Government controlled areas of Ukraine, largely aligning with the Russia sanctions measures. Aside from additional designated person listings, this latest package…
On January 16, 2025, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued a final rule entitled “Securing the Information and Communications Technology and Services Supply Chain: Connected Vehicles” (“Final Rule”) prohibiting certain transactions involving the sale or import of connected vehicles integrating specific hardware and software, or those components sold separately, with a sufficient nexus to China or Russia. The Final Rule, which follows the earlier notice of proposed rulemaking (“NPRM”)…