The Differences Between UK and EU Russian Sanctions
Global entities outside the United Kingdom and European Union need to be aware of how those two key jurisdictions are approaching and implementing their sanctions regimes against Russian entities, especially the differences in light of the UK’s departure from the EU. Our International Private Client team outlines the key areas below.
May 9, 2022
For global entities based outside of the United Kingdom and European Union, it is essential to understand each region’s approach towards Russian sanctions. Specifically, there are key areas of difference in designation criteria, implementation and appeals.
Kobre & Kim’s International Private Client team, consisting of former UK and U.S. prosecutors as well as offshore lawyers, has put together a reference guide on the subtle yet consequential details of these two sanctions regimes.
About Kobre & Kim’s International Private Client Team
Kobre & Kim is a global Am Law 200 law firm that focuses on cross-border disputes and investigations, often involving fraud and misconduct.
Our International Private Client team provides offensive and defensive cross-border litigation and crisis management strategies to ultra-high-net-worth individuals (UHNWIs) with global business interests, to preserve their assets, liberty and reputation. With a team consisting of roughly two dozen former UK and U.S. government lawyers across EMEA, Latin America, Asia and the U.S., including former prosecutors from the UK Serious Fraud Office (SFO) and U.S. Department of Justice (DOJ), we have deep experience with UK/EU/U.S. foreign policy, national security and economic controls and regularly interface with regulatory agencies that impose such controls.
Our multidimensional approach, which includes the deployment of both in-court and out-of-court strategies, is the premier solution for UHNWIs facing difficult risk positions related to sanctions from governments such as the UK and EU.
Our lawyers –– including an integrated group of U.S. litigators, offshore lawyers qualified in key jurisdictions, Hong Kong solicitors, and English barristers and solicitors –– litigate in courts around the world.