New set of restrictive measures against the Russian Federation in relation to events in Ukraine entered into force last Friday - newsflash - 18.09.2014

In view of the increasing gravity of the situation in Eastern Ukraine, the European Council has decided to reinforce the set of restrictive measures adopted on 30 and 31 July 2014 targeting cooperation and exchanges with the Russian Federation.

18/09/2014

In view of the increasing gravity of the situation in Eastern Ukraine, the European Council has decided to reinforce the set of restrictive measures adopted on 30 and 31 July 2014 targeting cooperation and exchanges with the Russian Federation. These measures are intended most notably to further limit access to EU capital markets, no longer only for Russian state-owned financial institutions but also for companies active in the defence sector and in the energy sector. Despite certain exceptions, the prohibitions are widely applicable in terms of time and space. To read the full document please click on the link below.

Contacts

Paul Mousel

Partner

Banking & Financial Services, Insurance & Reinsurance Law, Commercial & Insolvency

Philippe-Emmanuel Partsch

Partner

EU Financial & Competition Law

Max Kremer

Partner

Private Clients, Private Clients

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