The European Council has this evening confirmed that it has agreed on further restrictive measures that will impose “massive and severe consequences on Russia” for its action, in close coordination with our partners and allies. According to the Council conclusions, these sanctions cover the financial sector, the energy and transport sectors, dual-use goods, as well as export control and export financing, visa policy, additional listings of Russian individuals and new listing criteria. Fuller details will…
In response to events in Ukraine, the UK Prime Minister has confirmed that further sanctions will be introduced against Belarus. Further details of the measures have yet to be released. We will produce a blog once such details have been published.
The UK Prime Minister has announced today the following additional measures in response to the Russian Government’s actions in relation to Ukraine: Asset freezes on more than 100 new Russian entities and individuals (six of these entities and five of these individuals have already been designated-see below).Intention to exclude all Russian banks from the UK financial system, stopping them from accessing sterling and from being able to clear payments through the UK.Preventing Russian companies from…
In light of the latest developments on the Russian-Ukraine border, we invite you to join us for a brief webinar to hear from our experts on the latest sanctions measures introduced against Russia and certain parts of Ukraine. We are well-positioned in all relevant jurisdictions to help you understand and respond to the various sanctions measures. Our panel will comprise of Baker McKenzie trade and sanctions attorneys from Ukraine, Russia, the United States, the United Kingdom,…