Russian sanctions pose problem for law firms and clients
The crisis in Russia and Ukraine is creating a rapidly-changing sanctions regime in the EU and US, creating real difficulties for companies and law firms, say Susannah Cogman and Elizabeth Head.
In July 2014 there was a turning point in the West’s response to the political situation in Ukraine. Both the US and EU previously focused on imposing limited asset-freezing measures on Russian and Ukrainian individuals. Within weeks, however, they had dramatically extended their sanctions regimes, targeting specific sectors of the Russian economy.
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