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Economic Sanctions

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EU adopts 13th package of sanctions against Russia on Ukraine’s war second anniversary

This package focuses on further limiting Russia’s access to military technologies, such as for drones, and on listing additional companies and individuals involved in Russia’s war effort. With this new package the number of individual listings has reached over 2000, dealing a huge blow to those who enable Russia’s illegal war against Ukraine…

OFAC Sanctions List last updated

UN Sanctions List last updated

EU Sanctions List last updated

UK Sanctions List last updated

US Treasury new price cap analysis shows that increased sanctions enforcement is forcing Russia to sell oil at a steeper discount and limiting Russia revenue illegal war

The data shows that that coalition sanctions enforcement is successfully forcing Russia to sell oil at a discount while Russian oil export markets have remained stable.

OFAC sanctions Russia’s largest state-owned shipping company, Sovcomflot

Concurrent with the designation of Sovcomflot, OFAC is also issuing a general license authorizing the offloading of crude oil (or other cargo) from these 14 vessels for a period of 45 days.



FCDO publishes strategy on UK government’s approach to using sanctions to address global threats, promote international norms and protect the UK

This strategy explains how sanctions can be used as a foreign and security policy tool and the continued investment, partnerships and structures that support sanctions.

US Treasury sanctions hundreds of targets in Russia and globally, to mark the 2nd Anniversary of Russia’s invasion of Ukraine and following the death of Aleksey Navalny

This is the largest number of sanctions imposed since Russia’s full-scale invasion of Ukraine. State is designating three Government of Russia officials in connection with Navalny’s death; together, Treasury and State are sanctioning over 500 targets to impose additional costs for Russia’s repression, human rights abuses, and aggression against Ukraine. The Department of Commerce is also adding more than 90 companies to the Entity List.


US Treasury sanctions hundreds of targets in Russia and globally, to mark the 2nd Anniversary of Russia’s invasion of Ukraine and following the death of Aleksey Navalny




US Treasury sanctions affiliates of Russia-based LockBit ransomware group

LockBit was responsible for the November 2023 ransomware attack against the Industrial and Commercial Bank of China’s (ICBC) U.S. broker-dealer. This action is the first in an ongoing collaborative effort with the U.S. Department of Justice, Federal Bureau of Investigation, and its international partners

EU introduces new sanctions against foreign companies assisting Russia’s military actions

EU is preparing to sanction military and tech firms from China, Kazakhstan, Serbia, and other countries helping Russia’s war effort. Russia has managed to overcome sweeping EU and U.S. technology sanctions aimed at stifling its military-industrial complex by rerouting crucial goods like microprocessors through friendly third nations, such as China…


OFAC publishes the oil price cap (OPC) coalition compliance and enforcement alert

This alert includes an overview of key OPC evasion methods and recommendations for identifying such methods and mitigating their risks and negative impacts and Information on how to report OPC suspected breaches across the price cap coalition…