Herbert Smith Freehills has published the latest edition of its Sanctions Update e-bulletin. This edition covers the new sanctions regime agreed by the EU against Russia, including:
- the introduction of “phase 3” sanctions affecting key sectors of the Russian economy such as the banking and energy industries;
- trade restrictions relating to Crimea and Sevastopol; and
- expansions to the EU’s asset freeze.
For further information, please contact Rod Fletcher, Partner, Susannah Cogman, Partner, Daniel Hudson, Partner, Elizabeth Head, Associate, or your usual Herbert Smith Freehills contact.