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Articles

Sanctions Update - UK and EU Expand Sanctions and Export Controls Relating to Russia

By Latham & Watkins LLP

New rules significantly expand the scope of existing UK and EU sanctions and export controls on Russia.

This Client Alert summarises the latest sanctions imposed by the UK and the EU as of 7 March 2022. Different jurisdictions are introducing new sanctions, export restrictions, and other legal and regulatory measures on a near daily basis, and companies exposed to the developments in Russia should ensure that they obtain up-to-date legal advice before taking any steps that may have legal effects.

Articles

Irish Competition Law Update: 20 Things You Need to Know About Irish Competition Law Changes

By Kate McKenna, Partner, and Calum Warren, Partner, Matheson (Dublin)

Irish competition law is set to be revolutionised in the coming months by the enacted Competition (Amendment) Bill 2022. This article provides the top 20 headline points with respect of the new provisions that will change the Irish competition enforcement regime and the Irish merger control regime.

Articles

Sanctions Update: US, UK, and EU Impose Sweeping New Sanctions Relating to Russia, Ukraine, and Belarus

By Latham & Watkins LLP

The US government, in coordination with the EU, the UK, and other allies, has introduced significant new sanctions and export controls in light of ongoing events across Russia and Ukraine, including new regional embargoes, full blocking sanctions, and other restrictions targeting several major Russian financial institutions, sovereign debt restrictions, the designation of Russian elites and their family members, and sanctions related to the Nord Stream 2 pipeline, among other targets.

Articles

Sanctions Update: EU, UK, and Japan Impose New Sanctions and Export Controls Relating to Russia

By Latham & Watkins LLP

Recently, the US, the EU, and the UK announced that they will exclude some Russian banks from the SWIFT global payment system, a move that is expected to have a significant impact on these banks’ ability to remain connected with the international financial system and operate globally. The EU also announced plans to restrict the activities of certain Russian media outlets.

Articles

OFAC Compliance: Russia/Ukraine Sanctions Impact Everyone

By Joe Valenti, Partner, Saul Ewing Arnstein & Lehr LLP

In the current climate with Russia invading Ukraine, U.S. and international policymakers enacted numerous sanctions that raise many questions. Knowing the typical course of these sanctions in past scenarios helps to triage new risk assessment and update internal controls. This is a “Top Ten” list of considerations.