On Nov. 28, 2022, the Council of the European Union adopted a decision to add the violation of restrictive measures to the list of so-called “EU crimes” set out in

Continue Reading EU Criminalizes Violations of EU Sanctions, With a Focus on Russia

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

Following Russia’s invasion of Ukraine, the EU has adopted a wide range of sanctions against Russian and Belarusian individuals and companies, including restrictions on export and access to financial markets.
Continue Reading EU Temporary Framework for State Aid Measures in Response to Ukraine Conflict and to Support Banking Sector