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…
Baker McKenzie will be hosting a breakfast event on Wednesday, 6 November 2024 in Madrid. The event will focus on: The event will take place in Spanish, from 9.15 – 11am. For more information or to register for the event, please click here. Please note that space is limited and registration is subject to final confirmation, which will be sent via e-mail ahead of the event.
On 16 October 2024, the Swiss Federal Council announced the adoption of further measures included in the EU’s 14th package of sanctions against Russia of 24 June 2024, which entered into force on 17 October 2024 (the official media release is available here). This marks the second, and for now last, round of measures adopted in alignment with the 14th EU package, with certain limited measures having already entered into force on 27 August 2024…
On 5 September 2024, the UK amended the scope of its Russia sanctions relating to the provision of certain legal advisory services to non-UK persons, as contained in Regulations 54D and 60DB of The Russia (Sanctions) (EU Exit) Regulations 2019 (“UK Russia Regulations”), via The Russia (Sanctions) (EU Exit) (Amendment) (No. 4) Regulations 2024 (the “Amending Regulation”). The Amending Regulation entered into force on 6 September 2024, in short (i) clarifying the knowledge a person must have…