Our website is set to allow the use of cookies. For more information and to change settings click here. If you are happy with cookies please click "Accept and Continue" or simply continue browsing.
Europe moves ahead with increased Russian sanctions
01 Jan 1970 1:00 am
Posted on September 9th 2014 by Michael O'Kane on europeansanctions.com
On 8 September 2014, new European sanctions were agreed against Russian interests. Despite their formal adoption, the sanctions are only due to take effect “in the next few days”, leaving sufficient time for the EU to assess the changing situation on the ground in Ukraine.
The new measures tighten the existing bar on Russian entry to EU capital markets to include a ban on syndicated loans by EU banks.
Further sanctions also include a ban on the export of ‘dual-use technologies’ and a prohibition on the supply of European associated services (such as drilling and well-testing) to Russian oil exploration industries.
Read the full post here: http://europeansanctions.com/2014/09/09/europe-moves-ahead-with-increased-russian-sanctions/
End notes
This article first appeared on European Sanctions Law & Practice (http://europeansanctions.com/), a blog by Maya Lester (+44 20 7379 3550, maya.lester@brickcourt.co.uk), a barrister at Brick Court Chambers, and Michael O’Kane (+44 (0) 20 7822 7777 mokane@petersandpeters.com), head of Business Crime at Peters & Peters.