Work Area: Sanctions

The UK financial regulator’s recent assessment of companies’ compliance with sanctions following Russia’s full-scale invasion of Ukraine should serve as a warning that enforcement activity will follow, London lawyers said.

21 September 2023

20 September 2023

15 September 2023

The seizure of more than 980,000 barrels of oil from a Greek ship operator shows the DOJ’s understanding of sanctions evasion in the oil trade is becoming more sophisticated, a former OFAC official said.

12 September 2023

Ian Richardson, a former federal prosecutor who clinched the DOJ’s recent landmark settlement with French cement producer Lafarge, will lead the division’s growing corporate enforcement work amid a crackdown on companies that violate sanctions, export controls and other national security laws.

11 September 2023

A US Treasury agency has identified Belgium, Germany and the United Kingdom as among the countries where companies may be continuing to trade with Russia following its invasion of Ukraine.

11 September 2023

Sergey Karpushkin agreed to pay $4.7 million in forfeiture as part of his plea.

08 September 2023

A recent US Supreme Court decision leaves foreign sovereigns open to criminal cases brought by enterprising state and federal prosecutors, leaving it up to officials in the US executive branch to intervene if a potentially damaging case is brought, writes Sidley Austin partners Marisa West and Jennifer Clark and senior counsel Jeffrey Green.

07 September 2023

07 September 2023

UBS’s latest in-house hire is a former assistant US attorney who has also served in the general counsel’s office at OFAC.

06 September 2023