On August 28, 2025, Canada announced amendments to the Special Economic Measures (Moldova) Regulations (the “Regulations”) sanctioning Russian collaborators in Moldova. The amendments list an additional sixteen individuals and two entities under the Schedule of the Regulations and took effect on August 28, 2025. These sanctions are announced in the context of Moldova’s upcoming parliamentary elections, which will be held on September 28, 2025, and are aimed at individuals who are stated to have been actively participating in…
On 20 May 2025, the European Union adopted its 17th sanctions package in response to Russia’s 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…
Our Baker McKenzie’s Global Trade and Sanctions Practice recently held a snap webinar on Looking ahead to future developments in US, EU and UK Russia sanctions policy.The session discussed the current sanctions frameworks in relation to Russia, how these could be relaxed, and how the EU and UK may respond, drawing on past experiences where sanctions programmes have been lifted. The session also provided practical guidance on what companies can do now to be prepared for these potential…
As anticipated in its press release, the EU yesterday published in the Official Journal the first legal instruments underpinning its decision to progressively suspend its sanctions against Syria: Decision 2025/406/CFSP, Council Regulation 2025/407 and Council Implementing Regulation 2025/408. The measures include the suspension of a significant number of sanctions which have been in place for over a decade, most recently contained within Council Regulation 36/2012, as summarised below. Companies considering business in Syria previously restricted…