Experts from Eversheds Sutherland and Kharon sit down for an in-depth discussion on EU and UK financial and trade sanctions and best practices for identifying sanctions evasion.
Following Russia’s invasion of Ukraine, the EU and UK implemented a series of financial and trade sanctions designed to punish Moscow and degrade various military, financial and economic capabilities dependent on western technology and financial markets.
Restrictions target oligarchs and senior government officials, state owned or sponsored enterprises and exports and imports of key goods, including in the Russian steel and iron sector, aviation, advanced technology and software, semiconductors, sensitive machinery, maritime navigation, radio communication technology, transportation and chemicals. As recent guidance and statements from EU and UK officials make clear, identifying and preventing evasion of sanctions against Russia is a key priority for policymakers and regulators.
Chief Client Officer