The US, UK and EU continue their unprecedented pace of
economic and trade sanctions targeting Russia following our February alert. Compliance with these sanctions generally
continues to require screening and due diligence reviews of
counterparties, service providers and vendors. We highlight
below the developments and new prohibitions on imports
and exports, investments, provision of US dollar and euro-denominated
banknotes, and sovereign transactions that
significantly complicate the US Russia-related sanctions
program, as well as the UK and EU regimes.
