Ronald Meltzer

Jun 28, 2024 | wilmerhale.com | Neena Shenai |Barry Hurewitz |Richard Burger |ric Louis |Lester Ross |Zachary K. Goldman | +7 more

In conjunction with the Group of Seven (G7) leaders meeting in Italy earlier this month, key jurisdictions issued the latest in a series of coordinated economic restrictions on Russia in light of its invasion of Ukraine in February 2022. The United States unveiled a sweeping series of sanctions and export controls to further curtail economic activity with Russia and Belarus, with notable impacts on information technology (IT) services, and foreign financial institutions, among others.

Jun 28, 2024 | wilmerhale.com | Neena Shenai |Barry Hurewitz |Richard Burger |ric Louis |Lester Ross |Zachary K. Goldman | +7 more

In conjunction with the Group of Seven (G7) leaders meeting in Italy earlier this month, key jurisdictions issued the latest in a series of coordinated economic restrictions on Russia in light of its invasion of Ukraine in February 2022. The United States unveiled a sweeping series of sanctions and export controls to further curtail economic activity with Russia and Belarus, with notable impacts on information technology (IT) services, and foreign financial institutions, among others.

Mar 19, 2024 | wilmerhale.com | Neena Shenai |Zachary K. Goldman |Barry Hurewitz |Richard Burger |Michael C. Dawson |Aaron Zebley | +2 more

Executive SummaryOn March 6, 2024, the U.S. Departments of the Treasury, Commerce, and Justice jointly issued a Tri-Seal Compliance Note titled “Obligations of Foreign-Based Persons to Comply with U.S. Sanctions and Export Control Laws” (“Tri-Seal Note” or “Note”). The Tri-Seal Note is significant for several reasons.

Jun 7, 2023 | mondaq.com | Michael C. Dawson |Zachary K. Goldman |Christian Duvernoy |Ronald Meltzer

On May 19, in response to Russia's ongoing invasion of Ukraine, the United States, in coordination with allies and partners, announced new sanctions restrictions and export controls targeting Russia's evasion networks, critical technology-acquisition channels, energy extraction capabilities and financial conduits. A key new reporting obligation has also been created for holders of property of the Russian Central Bank and Ministry of Finance.