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Austrian authorities have uncovered a sophisticated international procurement network allegedly supplying CNC machines and metal processing tools to Russia's state-owned arms manufacturer ROSTEC, circumventing export controls through forged end-user certificates and a web of companies across multiple countries. The investigation has revealed exports valued at €3.3 million, with goods reportedly used in producing engines for missiles and fighter jets, leading to the arrest of a Belarussian national who

Two individuals connected to a Vienna-based company have been convicted in Austria for their roles in the suspected illegal export of CNC machines, with sentences ranging from 15 to 21 months. The case, which began with raids and arrests, concluded with both defendants pleading guilty to the charges, though details about financial penalties or asset confiscation remain unclear.

Can arbitral institutions actually make arbitration faster — or is that just wishful thinking? A new chapter in the Austrian Yearbook on International Arbitration 2026 revisits this question, hotly debated at last year’s World Café during the Vienna Arbitration Days.

While allegations of corruption continue to make headlines in Austria, the Ministry of Justice responded in January with draft legislation on the Corruption Law Amendment Act 2023.

Since the Russian attack on Ukraine in late February 2022, the European Union was quick to respond with sanctions in order to ramp up economic pressure on the Russian government...

After introducing the "sectoral sanctions" against Russia on 1 August 2014 the sanctions regime has been tightened further on September 12 as set out in EC Regulation No 960/2014.

The Austrian Supreme Court has ruled that sanctioned shareholders are categorically barred from attending and voting at annual general meetings, following the CJEU's interpretation that shares constitute 'funds' under EU sanctions regulations. The decision confirms that voting rights are frozen alongside asset ownership, though the right to challenge AGM resolutions through judicial review remains intact.

Sanctions compliance and related process and systems updates have kept compliance, legal and IT teams in financial services providers busy since March 2022.

Sanctions regimes around the world are having a massive impact on legal work. Worldwide assets amounting to many billions in euros, dollars or pounds including trophy assets...

Recently, Theresa May and Jean-Claude Juncker have appeared on the media and declared joyfully that they had agreed on the first principles of Great Britain leaving the European Union.

The European Union has recently agreed to an additional, higher level of sanctions against Russia.

On 1 January 2014, the new Product Piracy Regulation (EU) 608/2013 ("PPR 2014") entered into force.

The Court of Justice of the European Union has issued landmark rulings clarifying that EU asset-freeze sanctions apply to trust structures based on substantive control rather than formal legal title. When a listed person retains practical influence, economic enjoyment, or realistic pathways to benefit from trust assets...

On 6 December 2014, Council Regulation (EU) No 1290/2014 entered into force. This is the latest in a series of regulations regarding "sectoral sanctions" against Russia.

In response to the developments in Ukraine unfolded by the Euromaidan protest movement in early February 2014, the EU Council on 5 March 2014 decided to impose restrictive measures against individuals who have been identified as being responsible for the misappropriation of Ukrainian State funds and/or human rights violations.

Die EU hat am 23. Juli 2026 ihr 21. Sanktionspaket gegen Russland verabschiedet, das weitreichende Maßnahmen in den Bereichen Energie, Finanzwesen und Handel umfasst.

Austria's Second External Trade Ordinance issued by the Minister for Economy (Zweite Außenwirtschaftsverordnung9) in the (now ineffective) version BGBl II No 58/2013 ("2. AußWV (old)") was in force until 3 July 2015.