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Sanctions Targeting Crimea

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The EU Council has extended for a further year the measures imposed by Council Regulation 692/2014 and Council Decision 2014/386/CFSP in response to the illegal annexation of Crimea and Sevastopol to Russia (see our earlier post on the previous one year extension here).  The implementing legislation has yet to be published in the Official Journal of the European Union.  The Council took this opportunity to reaffirm its previous statement of 19 March 2015 that the EU…

On July 30, 2015, the US Treasury Department’s Office of Foreign Assets Control (“OFAC”) designated certain individuals and entities on the Specially Designated Nationals and Blocked Persons List (“SDN List”) and identified certain entities on the Sectoral Sanctions Identifications List (“SSI List”) pursuant to various Russia sanctions measures that have been imposed since last year.  A complete list of parties that are newly designated on the SDN List and the SSI List is available here. …