The European Union’s top diplomats have agreed to extend sanctions against Russia by six months to keep pressure on Moscow over the conflict in eastern Ukraine. Ambassadors from the 28 member states agreed unanimously on Tuesday to prolong the sanctions until 31 January 2017. The EU wants more time to assess whether Russia is abiding […]

Herbert Smiths Corporate Crime and Investigations team have published an e-bulletin summarising recent developments in the EU’s sanctions imposed against Russia. It includes points of interest arising from the recent judgment in Rosneft’s judicial review application, which concerned certain aspects of the UK’s implementation of the sanctions. The High Court has referred a number of […]

The following provides an overview of (a) yesterday’s addition of new names to the list of persons and entities subject to the asset freeze and travel ban; (b) clarification on the grandfathering of pre-existing contracts in relation to restricted tourism activities in Crimea and Sevastopol; and (c) some points of interest arising from the recent […]

In recent times, there has been a marked increase in the use of co-ordinated economic sanctions by the European Union, the United Nations and individual states against rogue states and organisations and, on a targeted basis, against specific individuals and entities related to those rogue states and organisations. The number of countries which are the […]