Russian Duma Revisits Criminalization as Counter-sanction
The Russian Duma is considering a bill that would prohibit media communications that reveal non-compliance with sanctions or facilitate imposition of sanctions and would also impose criminal penalties on those that disclose or transfer information to organizations “directly or indirectly” under the control of an “unfriendly state”, any company organized under the laws of an “unfriendly state”, and persons affiliated with such organizations if such transfer or disclosure leads to the imposition or expansion of sanctions.
Related Squire Patton Boggs Sanctions and Counter-sanctions Content
We also recently held a webinar on “Sanctions, counter-sanctions and anti-corruption trends in Russia: doing business in the current climate.” It was presented by partners Patrick Brooks (Moscow) and Dan Waltz (Washington DC), and senior associate Kristina Arianina (Washington DC). You can view the webinar on demand here (requires Lexology login or signup).
- OFAC Compliance Guidelines, May 13, 2019 (The Anticorruption Blog)
- The Real Significance of OFAC’s Sanctions Compliance Guidance, May 13, 2019 (The Trade Practitioner Blog)
- Anti-Corruption Guidance in Russia: What’s a Company to Do?, May 6, 2019, (The Anticorruption Blog)
- DOJ Updates Guidance for Corporate Compliance Programs, May 2, 2019, (The Anticorruption Blog)
- Russia Continues Anticorruption Efforts in 2019, January 23, 2019, (The Anticorruption Blog)