Over recent weeks the scale of international sanctions imposed
by a large number of countries in respect of Russia has increased
rapidly.
These sanctions are beginning to have significant financial and
economic impacts, both on Russia itself but also on many companies
around the world with Russian financial exposures, investments,
suppliers and customers.
The Herbert Smith Freehills Sanctions Notes, page
provides regular updates sanctions being proposed in major
jurisdictions around the world to assist businesses navigate this
rapidly evolving situation.
Sanctions imposed to date
The sanctions being imposed on dealings with Russia and Russian
related persons and businesses vary from jurisdiction to
jurisdiction. That being said, there has been significant
coordination in approach between the European Union, the United
States and the United Kingdom. Other nations such as Japan and
Australia have also introduced sanctions, while Russia itself has
imposed
