Topic
Sanctions
3,138 published works
GT Amsterdam Law Blog
EU Criminalizes Violations of EU Sanctions, With a Focus on Russia
By Erik de Bie, Robert Hardy, Kara M. Bombach
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 the…
International Compliance Blog
OFAC Publishes Determination and Guidance on Implementing the Price Cap Policy for Russian Crude Oil
By Wendy Wysong, Ali Burney, Bo Yue, Wilson Zhao, Dave Stetson, Ed Krauland, Zoey Hong
On November 22, 2022, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) published a determination pursuant to Executive Order 14071 (EO 14071) (the Determination) and a…
SmarTrade
OFAC Again Extends Venezuela General License for Limited Maintenance or Wind-Down of Transactions Involving PdVSA and Certain Entities
By Scott E. Diamond**, Samir D. Varma, Francesca M.S. Guerrero
On November 26, 2022, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued Venezuela-related General License 8K, extending authorization until May 26, 2023 for certain activities previously…
GT London Law Blog
OFSI’s Annual Review Highlights Effect of Sanctions on Russia
By Annabel Thomas, Bethany Histed, Gavin Costelloe
On 10 November, the UK’s Office of Financial Sanctions Implementation (OFSI) published its annual review for the period April 2021 to August 2022, with a focus on the effect of sanctions on…
SmarTrade
OFAC Extends Authorizations Under Russia General License 13 for Payment of Various Administrative Fees
On November 21, 2022, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a revised Russia-related General License (GL) 13C, “Authorizing Certain Administrative Transactions Prohibited by Directive…
Global IP & Technology Law Blog
ITC Denies Competing Motions for Sanctions For Failure to Comply with the Rules
The U.S. International Trade Commission (“ITC”) continues to be a popular venue for patent litigation under Section 337 of the Tariff Act of 1930. The speed at which Section 337…
Government Contracts Navigator
November 18, 2022: “Navigating the Maze of Embargoes and Sanctions”
Blank Rome partner Anthony Rapa will serve as a panelist at the International Trademark Association’s (“INTA”) 2022 Leadership Meeting, being held November 15 through 18, 2022, in Miami, Florida. Anthony’s session, “Navigating the…
International Trade Law
Sanctions/Export Highlights [As of November 10, 2022]
By Carlton Greene, Jeffrey L. Snyder, Anand Sithian, Kelsey Clinton
UK Releases General License Permitting Agricultural Commodities Exports: On November 4, 2022, the UK’s Office of Financial Sanctions Implementation (“OFSI”) issued a new general license under its Russia sanctions regime.…
SmarTrade
OFAC Extends Russia-Related General License No. 8 Regarding Transactions Related to Energy
On November 10, 2022, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued amended Russia-related General License No. 8D extending the authorization to conduct transactions involving Vnesheconombank, Bank Financial…
Policyholder Pulse
Weathering Economic Turbulence: Assignment of Insurance Claims for Losses Under Russian Sanctions
By David F. Klein, Jose L. Lua-Valencia
The Russia/Ukraine conflict has led to a monumental decoupling of Russia from the global economy, with dire consequences for many industries—including the aircraft leasing industry. Western governments’ still-evolving sanctions regime…