The EU, in coordination with its partners, is considering imposing additional sanctions against Russia. Although there is no certainty as to what these new sanctions will entail, according to the High Representative of the EU for Foreign Affairs, they will target additional individuals and sectors of the Russian economy, including technological sectors. See here for his statement and subsequent Q&A.
On Monday, October 03, from 08:30 am – 10:00 am CEST, Baker McKenzie will be hosting an intimate in-person roundtable discussion on Sanctions and Export Controls in our Paris office. This event will give you the chance to ask questions to our team of experienced lawyers from Europe and the US and discuss best practices with us and your peers. If you would like to join us in-person for the roundtable discussion, please make sure…
On 31 August 2022, the Swiss Federal Council decided on the implementation of further EU sanctions (namely the remaining measures of the seventh sanctions package), revising the Ordinance on Measures connected with the Situation in Ukraine (the “Ordinance“) accordingly. These amendments render the Swiss sanctions again in line with the EU sanctions, including on already previously adopted but not yet implemented measures. The amended Ordinance entered into force on 31 August 2022 at 18:00 CET.…
On August 2, 2022, Canada announced additional amendments to its sanctions measures imposed against Russia. These amendments have designated an additional forty-three individuals under Schedule 1, which include some individuals identified by the Government of Canada “as military officials involved in the Bucha massacre”. As well, Canada designated an additional seventeen defence sector entities considered by the Government of Canada to be directly or indirectly supporting the Russian military. Please note that these amendments came…