Topic: Sanctions and export controls

The extensive sanctions imposed following the Russian invasion of Ukraine have led to many companies reassessing business relationships.

The new financial sanctions imposed following the Russian invasion of Ukraine have caused rapid dislocation across numerous financial markets.

Additional restrictions are imposed on new investments in the energy sector in Russia.

The US government began taking a series of actions in response to Russia's involvement in Ukraine.

The Information and Communication Technologies Authority published a group of decisions relating to banning advertisements on social media platforms.

On January 31, 2020, France, the United Kingdom, and the United States announced a settlement with Airbus SE (Airbus), the French aircraft manufacturer, in relation to bribery allegations and, in the US and France, export control violations.

The US sanctions space is very active and changes are made frequently. This publication is current as of December 16, 2019.

On April 22, 2019, almost a year after President Trump announced the US’s withdrawal from the Iran nuclear deal (the Joint Comprehensive Plan of Action), the Trump administration announced that it will remove waivers that have allowed certain countries to continue oil purchases from Iran without facing US sanctions.