Page 2 - Blocking Sanctions News Today

On Wednesday, April 6, 2022, the U.S. Government, in concert with the G7 and European Union, took significant additional sanctions actions against Russia “to impose severe and immediate...

On April 6, 2022, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) added two of Russia’s largest banks, Public Joint…

Our International Trade & Regulatory Group continues its investigation of the ever-growing sanctions regimes imposed on Russia since its invasion of Ukraine.

Since Russia first began its invasion of Ukraine on February 22, 2022, coordinated measures adopted by the United States and its allies, such as in the form of economic sanctions and export control restrictions...

The United States is imposing full blocking sanctions on Russian oligarchs and other persons, including President Vladimir Putin press secretary Dmitry Pesk

The U.S. responded to the Russian-Ukraine conflict by blocking certain Russian financial institutions and individuals, and imposing varying degrees of sanctions prohibitions on other listed Russian banks and entities, pursuant to the 50 Percent Rule.

On February 25 and 28, 2022, the US Treasury Department, Office of Foreign Assets Control (OFAC) issued its fifth and sixth actions against Russia, blocking the assets of President...

<p><span>The United States took significant and unprecedented action to respond to Russia’s further invasion of Ukraine by imposing severe economic costs that will have both immediate and long-term effects on the Russian economy and financial system. The</span><b> </b><span>U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today imposed expansive economic measures, in partnership with allies and partners, th...

Key Points CBP has issued a “region-wide” WRO on cotton and tomato products “grown or produced” by entities “operating in” the XUAR. In a press release, CBP states that the order covers “apparel, textiles, tomato seeds, canned tomatoes, tomato sauce, and other goods made with cotton and tomatoes.” Unless or until the agency clarifies the scope of the order, and consistent with the underlying statute, importers should anticipate that CBP will enforce the WRO broadly to any import...