The EU’s 20th Russia sanctions package introduces new restrictions and compliance considerations affecting trade, finance, and enforcement across member states.
Continue Reading EU’s 20th Russia Sanctions Package: Key Changes and Compliance Implications
On June 23, 2023, the Council of the European Union adopted a new, eleventh package of restrictive measures (Package) to ensure that EU sanctions against Russia are better enforced and
Continue Reading EU Sanctions Russia with Eleventh Package of Restrictive Measures
To make it easier to investigate, prosecute, and punish violations of restrictive measures in all EU Member States, on May 25, 2022, the European Commission (Commission) proposed making the violation
Continue Reading European Commission Proposes Criminalizing Economic Sanctions Violations and Bolsters Asset Recovery Measures
On May 2, 2019, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) published A Framework for OFAC Compliance Commitments, which details more than 10 pages of
Continue Reading OFAC Crystalizes Its Expectations for Economic Sanctions Compliance Programs