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Russian Oil Price Caps Raise Compliance Issues For Insurers

By Abraham Gross

Following a novel price cap regime on Russian oil and petroleum products imposed by the European Union and the member countries of the G-7 beginning in December, experts say maritime insurers face uncertainty over how to comply with the complex sanctions landscape.

Ukrainian Pleads Not Guilty To Sending US Tech To Russia

By Aaron Keller

A Ukrainian citizen on Wednesday entered not guilty pleas to charges that he conspired to move U.S. technology with potential military and nuclear applications to Russia without proper clearance from the United States government.

Ukraine Wins UK Court Battle To Send $3B Bond Fight To Trial

By Ronan Barnard

Britain's highest court granted Ukraine permission on Wednesday to argue that Russia used the threat of force to illegally pressure the country into a $3 billion bond deal, sending the Kremlin trustee's bid to call in payment to trial in a long-awaited judgment.

Russian Ministries Say Putin Should Suspend Tax Treaties

By Kevin Pinner

The Russian Federation's foreign and finance ministries proposed that President Vladimir Putin suspend tax treaties with countries that have imposed economic sanctions on Russia, according to a news release Wednesday.

BigLaw Names Leave Russia, But Their Offices Remain

By Marialuisa Taddia

Russia's invasion of Ukraine in February 2022 sparked a domino effect of international law firms closing their doors in Moscow and other Russian cities. BigLaw might have left the country — but most of their operations remain under new names.

Russia War Hasn't Hurt Cyber Insurers Despite Early Fears

By Josh Liberatore

Russia's invasion of Ukraine hasn't had the negative impact on the cyberinsurance market many in the industry feared when the conflict broke out a year ago, although it has raised thorny issues around whether carriers are comfortable covering cyberattacks linked to war, experts say.


Expert Analysis

Sanctions Enforcement Around The G-7: View From The US

The recent creation of the G-7 Enforcement Coordination Mechanism, to be chaired by the U.S. in its first year, signals that companies should prepare for increased enforcement of Russia sanctions and better coordination of such efforts among member nations, say attorneys at Baker McKenzie.

Combating Russia's Evolving Sanctions Evasion Efforts

As the war in Ukraine enters its second year, Russia and its oligarch class will continue their attempts to elude sanctions, and regulators from the U.S. and allied nations will keep searching for ways to beat them back, say Ian Herbert at Miller & Chevalier and Brad Dragoon at Charles River.

New US Controls May Deter Outside Support For Russia

On the first anniversary of Russia’s invasion of Ukraine, the U.S. published a tranche of new rules that further complicate the sanctions and export control landscape, in part by adding non-Russian parties that help Russia evade sanctions, and Iranian exports of foreign-produced items made with U.S. technology, say attorneys at Ropes & Gray.

MORE COVERAGE

March 2, 2023 03:30 PM

Insolvent Russian Brokerage Wins Battle To Move Securities

February 27, 2023 09:26 AM

EU Sanctions 3 More Russian Banks, National Wealth Fund

February 24, 2023 08:26 AM

Financial Crime Watchdog Suspends Russian Membership

February 24, 2023 11:37 AM

UK Freezes Assets Of 4 More Russian Banks

February 21, 2023 04:40 PM

Treasury Official Flags Expansion Of Russia Sanctions

February 13, 2023 05:34 AM

Fraud Cops Step Up Focus On Lawyers Who Aid Kleptocrats

February 10, 2023 07:36 PM

1 Year On, Russia-Ukraine War Still Shadows Energy Deals

February 2, 2023 08:25 PM

Sens. Aim To Block F-16 Sales To Turkey Over NATO Dispute

February 1, 2023 11:53 AM

State-Sponsored Online Attacks On The Rise, Insurer Says

January 31, 2023 10:42 PM

Russia Violating Nuclear Arms Control Deal, State Dept. Says

January 27, 2023 06:48 AM

Sanctions Can't Stop Russian Banks' $850M Fraud Lawsuit

January 19, 2023 10:55 AM

MPs To Probe Impact Of Russia Trade Sanctions

January 12, 2023 03:42 PM

White & Case To Keep Docs After Dropping Russian Oligarch

January 11, 2023 06:52 PM

Ukrainians Seek To Claw Back $80M In Work Permit Fees

January 9, 2023 08:20 AM

Bank Ends Fight Over Sanctions-Hit $1.3M Russian Bond Deal

January 5, 2023 11:21 AM

Worldwide M&A Fell By More Than A Third In 2022

January 5, 2023 04:23 PM

Insurers Fight $875M Claim For Jets Stranded In Russia

January 4, 2023 07:08 AM

Plane Lessor Sues Insurers For $28M Over Jet Held In Russia

January 3, 2023 08:44 AM

Reinsurers Sought Ukraine Exclusions On Jan. 1 Renewals

December 16, 2022 01:41 PM

Dentons To Separate Russian Offices In New Year
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