We continue our series of digests with the latest developments on sanctions from the last two weeks. It highlights key updates in sanctions regulations in the EU and US.
Stay tuned for our sanctions news digests.
Sanctions News Digest for 3 - 16 November
European Union
- The Advocate General of the ECJ rejected the arguments of Latvia, Estonia and Lithuania in the case of P. Aven and M. Fridman
- The ECJ refused the trustee’s intervention in the appeal proceedings but admitted EuroChem
United States
- OFAC authorised a number of transactions for Lukoil and Rosneft
- The U.S. Department of Commerce suspended the “50% rule” for one year