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ARTICLE · 19 MARCH 2026

Sanctions And Export Controls Round-Up: Latest Enforcement And Policy Updates

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Welcome to BCL's latest sanctions round-up, highlighting key UK and international developments in sanctions law, policy, and compliance.

GlobalInternational Law

Sanctions: Fortnightly Summary

Welcome to BCL's latest sanctions round-up, highlighting key UK and international developments in sanctions law, policy, and compliance. This edition covers, amongst other matters, updates to the UK's sanctions list, developments in the US's oil-related sanctions regimes and enforcement updates.

International developments

US excludes Rosneft Germany from Russia sanctions indefinitely

  • On 5 March 2026, the US Department of Treasury's Office of Foreign Assets Control (“OFAC”) issued a general licence that indefinitely exempts Rosneft Germany from US sanctions.
  • OFAC's General Licence No. 129A exempts all transactions involving Rosneft Germany that are prohibited by US sanctions law. The licence does not contain an expiration date. [OFAC General Licence No. 129A]

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