Adeel Haque

Mar 1, 2024 | sanctionsnews.bakermckenzie.com | Andrew Rose |Adeel Haque |Ryan McGrath

As part of the EU’s 12th package of sanctions against Russia, adopted on 19 December 2023 (see our previous blog post here), the EU introduced a requirement under Article 12g of Regulation 822/2014 which requires EU exporters to include wording in certain goods contracts prohibiting the re-export of the goods to Russia and providing for “adequate remedies” in the event of a breach, in order to combat the circumvention of EU export bans and more specifically the situation where goods exported...

Dec 20, 2023 | lexology.com | Sunny Mann |Andrew Rose |Adeel Haque |Samuel Ashford

On 14 December 2023, the Office of Financial Sanctions Implementation (“OFSI”) published its 2022-2023 annual review (see here). The review summarises OFSI’s activities over the 2022-2023 financial year and looks ahead at trends and OFSI’s priorities for the next year.