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  • Article

    Das 20. und 21. Sanktionspaket der EU gegen Russland: Eine neue Compliance-Architektur für Finanzdienstleistungsunternehmen

    The Council of the European Union has adopted its 20th and 21st sanctions packages against Russia, marking a fundamental shift in EU sanctions policy. Rather than simply expanding lists of designated persons, these measures systematically target the financial infrastructure—payment channels, banking relationships, crypto-asset ecosystems, correspondent banking, trade finance, and maritime logistics—that enables Russia's war economy.
    GlobalInternational Law
    PwC Legal Germany
    PwC Legal Germany
  • Article

    Newsflash: EU Adopts 15th Package Of Restrictive Measures Against Russia – Companies May Benefit From Wind-Down Derogations And Extended Deadlines

    On December 16, 2024 the Council adopted a 15th package of restrictive measures with the objective of further limiting Russia's ability to wage its war of aggression against Ukraine.
    Germany
International Law
Oppenhoff
Oppenhoff
  • Article

    Newsflash Export Control Law - Regulation On Restrictive Measures Against Iran, May 2011

    On 24 May the Official Journal of the European Union published a Regulation (503/2011) on the Implementation of the Iran Embargo Regulation (961/2010) dated 25 October 2010.
    GermanyInternational Law
    Oppenhoff
    Oppenhoff
  • Article

    Sentencing Of Five Individuals Convicted Of Russian Sanctions Offences

    Last month we posted regarding the conviction of five individuals for Russian trade sanctions offences by the Hamburg Regional Court.
    GermanyInternational Law
    Duane Morris LLP
    Duane Morris LLP
  • Article

    Three Individuals In Custody For Exporting Nearly 100 Cars To Russia In Breach Of Sanctions

    It is being reported that the Mannheim Public Prosecutor's Office has three people in custody on suspicion of exporting luxury cars to Russia in breach of EU sanctions.
    GermanyInternational Law
    Duane Morris LLP
    Duane Morris LLP
  • Article

    Germany And Bulgaria – Raids At German Manufacturer With Three Charged With Sanctions Offences

    Last week more than 140 officers from the Munich Customs Investigation Office and the Munich I Public Prosecutor's Office conducted raids on several premises...
    GlobalInternational Law
    Duane Morris LLP
    Duane Morris LLP
  • Article

    Newsflash Export Control Law, June 2012

    The Higher Regional Court of Hamburg has ruled that banks cannot simply terminate the accounts of enterprises that are listed in the so-called Iran Embargo Regulation.
    GermanyInternational Law
    Oppenhoff
    Oppenhoff
  • Article

    No Excessive Fulfilment Of Regulation: Despite Iran Embargo, Banks May Not Simply Terminate Accounts

    The Higher Regional Court [Oberlandesgericht, OLG] of Hamburg has ruled that banks cannot simply terminate the accounts of enterprises that are listed in the so-called Iran Embargo Regulation.
    GermanyFinance and Banking
    Oppenhoff
    Oppenhoff
  • Article

    Sanctions: New Legal Framework For Effective Sanctions Enforcement Entered Into Force

    At the latest since the launch of the Russian war of aggression against Ukraine in February 2022, economic sanctions have been on everyone's lips. The concept is not new, however. Rather, it is a long-established instrument, ...
    GermanyInternational Law
    Oppenhoff
    Oppenhoff
  • Article

    Stricter Sanctions Against Iran Indirectly Make All Trade Agreements Uncertain

    The recent tightening of the sanctions against Iran has further unsettled the German economy.
    GermanyInternational Law
    Oppenhoff
    Oppenhoff
  • Article

    Seven Year Sentence For Exports Of Military And Dual-Use Goods To Russia And Confiscation Of Profits

    It is being reported that the Higher Regional Court in Stuttgart has convicted Ulli S, a 56 year old man, of breaches of the EU sanctions against Russia and the German foreign trade law.
    GlobalInternational Law
    Duane Morris LLP
    Duane Morris LLP
  • Article

    Revision Of The Foreign Trade Ordinance Adopted - Further Tightening Of Investment Screening In Germany

    Sooner than expected, the Federal Government adopted the 17th revision to the Foreign Trade Ordinance ("Revision") on 27 April 2021. The Revision entered into force on 1 May 2021.
    European UnionGovernment, Public Sector
    Noerr
    Noerr
  • Article

    Convictions, €20m Confiscation And 6 Years In Jail For Luxury Car Exports To Russia

    German Customs has announced the result in a criminal prosecution of two individuals charged with exporting 111 luxury cars to Russia in breach of EU sanctions.
    GermanyInternational Law
    Duane Morris LLP
    Duane Morris LLP
  • Article

    Keep An Eye On The Developments

    Impact of the EU sanctions against Russia on employers in Germany.
    GermanyInternational Law
    Mayer Brown
    Mayer Brown
  • Article

    Keep An Eye On Developments In Germany

    Early in 2022, the European Union enacted several Regulations in quick succession to impose far-reaching sanctions on Russia as a reaction to the conflict with Ukraine.
    GermanyEmployment and HR
    Mayer Brown
    Mayer Brown
  • Article

    Russia Sanctions: Minority Shares Of Sanctioned Persons In Non-listed Companies To Be Aggregated In Future – Further Non-sanctioned Companies Possibly Also Affected

    When interpreting the EU sanctions regulations, a question of particularly practical relevance was always in which cases the prohibition to provide economic ressources also affects persons...
    GermanyInternational Law
    Oppenhoff
    Oppenhoff
  • Article

    Two Customs Investigations Into Russian Imports/exports

    Two previously missed investigations from German customs into luxury car exports to Russia.
    GermanyInternational Law
    Duane Morris LLP
    Duane Morris LLP
  • Article

    Russia Sanctions: EU Sets Price Cap For Russian Oil

    On 3 December 2022, the EU set the expected price cap for oil from Russia as agreed with the G7 partners and Australia. The price cap will come into force for crude oil...
    European UnionInternational Law
    Oppenhoff
    Oppenhoff
  • Article

    Lipstick, Underwear And Tennis Balls – Are Fast Moving Consumer Goods Slowed Down By Export Control Law?

    Did you know that exporting lipstick under the wrong circumstances could get you in serious trouble?
    GermanyInternational Law
    Blomstein
    Blomstein
  • Article

    Commission Updates EU Control List Of Dual Use Items

    On Wednesday 11 January 2023, the European Commission's Delegated Regulation (EU) 2023/66 of 21 October 2022, updating the list of dual-use items contained in Annex I...
    European UnionInternational Law
    Oppenhoff
    Oppenhoff
  • Showing 41–60 of 104 results

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