The Kitchen reviews the EU’s 4th package of sanctions on Russia.
Categories
Tag: Russia Sanctions
White House fact sheet on March 8 Executive Order banning Russian energy imports; OFAC sanctions Duma members; CBP issued implementing guidance on Russian imports.
The continuing crisis in Ukraine has resulted in additional sanctions and export controls. It is hard to keep up with new developments each day. In recent steps, the United States has adopted a comprehensive set of export controls and implemented a ban on importing Russian oil, gas, and coal.
In this episode, Michael Volkov reviews the recent changes to Russia sanctions and export controls.
Categories
SWIFT Bans
EU excludes Russian and Belarusian banks from SWIFT; restricts maritime and telecom exports to Russia.
Categories
Russia Shipping Bans
The UK bans Russian ships from UK ports; additional economic measures and asset freezes on Russian businessmen.
In today’s edition of Daily Compliance News:
- Compliance is complicated in the shadow of Russia. (WSJ)
- Tencent looking at big AML fine in China. (WSJ)
- Corruption and death in Brazil’s imperial city. (FT)
- Russia and managing political risk. (FCPA Blog)
Categories
EU Sanctions on Russia Update
EU sanctions state-owned outlets RT/Russia Today and Sputnik broadcast; BIS bans export of luxury goods to Russia, Belarus.
Singapore readies a sanctions package against Russia.
As Ukraine hangs on from the Russian invasion, Jay is on assignment so fan fav Kristy Grant-Hart joins this week as a co-host with Tom to look at some of the week’s top compliance and ethics stories from the impact of the Ukrainian crisis in the Ukraine Hangs On edition.
Stories
- What Russia invasion means for companies and compliance. Tom with a series in the FCPA Compliance and Ethics Blog. Matt Kelly in Radical Compliance.
- Dick Cassin says sanctions may lead to more corruption in the FCPA Blog.
- Jaclyn Jaeger looks at supply chain disruption and issues in Compliance Week (sub req’d)
- Matthew Murray asks if Putin invaded Ukraine to advance corruption, in GAB.
- Chasing oligarchs’ money, from the Washington Post.
- The Swiss approach to Ukraine crisis. Mark Pieth in Risk and Compliance Europe.
- Mike Volkov focuses on new and evolving sanctions, in Corruption Crime and Compliance.
- Economic nationalism and corporate governance. Martin Geller, in Harvard Law School Forum on Corporate Governance.
- Illicit finance and High-value art. Sullivan & Cromwell lawyers in Compliance and Enforcement.
- The invasion and cybersecurity. Jonathan Armstrong in Cordery Compliance.
Podcasts and More
- In March on The Compliance Life, I visit with Audrey Harris, Managing Director at AMI, formerly CCO at BHP. In Part 1, she discusses her academic background and early professional career.
- On the FCPA Compliance Report, Tom has a 2-part series with Trade Compliance guru Matt Silverman on the full extent of possible Russia sanctions (Part 1) and the corporate response you need to make (Part 2).
- Tom and Loren Steffy look energy issues and fallout from the Russian invasion in Greetings and Felicitations.
- Tom and Matt Kelly take a deep dive into the compliance weeds about the Russian invasion on Compliance into the Weeds.
- Silvia Surman devotes the entire week to Russian trade sanctions and economic issues in The Compliance Kitchen.
- Tom celebrates Texas Independence Day and the anniversary of the Alamo in a podcast with Don Frazier, Executive Director of the Texas Institute at Schreiner University on The Hill Country Podcast.
Tom Fox is the Voice of Compliance and can be reached at tfox@tfoxlaw.com. Kristy Grant-Hart is Compliance Kristy and can be reached at kgranthart@sparkcompliance.com.
