Sanctions and export controls

Norton Rose Fulbright and Pekin Bayar Mizrahi explored the evolving landscape of sanctions compliance in 2024 and the critical legal aspects affecting companies in their cross-border endeavors.

Please join us for an exclusive webinar focused on the evolving landscape of sanctions compliance in 2024 where a global team of our experienced lawyers will explore the critical legal aspects affecting Turkish and other companies in their cross-border endeavors.

Discussing the recent judgment in Barclays Bank PLC v PJSC Sovcombank & Anor [2024] EWHC 1338 (Comm) where the High Court granted the Applicant a final anti-suit injunction and anti-enforcement injunction.

Considering the judgment and key takeaways from Celestial v UniCredit.

As we enter a recession against the backdrop of ongoing geopolitical instability, we expect to see significant financial crime enforcement and investigations in 2023, including a focus on emerging areas such as ESG, cryptocurrencies, and significant developments in financial sanctions.

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

Potential areas for dispute in financial transactions arising in connection with the new sanctions regimes imposed following the Russian invasion of Ukraine.

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.

On July 14, 2020, US President Donald Trump issued Executive Order 13936 (the “Order”), which authorizes the imposition of sanctions on additional persons determined to be involved in China’s new national security law (the “National Security Law”) and revokes Hong Kong’s preferential trade treatment.