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As Russia’s bloody invasion of Ukraine nears the end of its second month, with regular reports of human rights violations, possible chemical weapons attacks, and head of state musings regarding whether this campaign amounts to a genocide, governments around the world continue to coordinate and respond with increasingly severe sanctions and export controls.  Specifically, the United States, European Union, United Kingdom, Japan, and other global allies have repeatedly responded by escalating trade restrictions targeting Russia. Since the developments discussed in our previous client alerts on Feb. 28 and Mar. 22, these jurisdictions have coordinated to significantly escalate sanctions and export controls targeting Russian President Vladimir Putin’s regime, Kremlin-connected Russian elites, and the Russian economy. While the new and expanded sanctions in each of these jurisdictions generally appear to have been coordinated, each jurisdiction has unique sanctions, deadlines, and applications, increasing compliance complexities.



Global Sanctions on Russia Escalate in Response to Russia’s Continued Bloody Invasion of Ukraine

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Global Sanctions on Russia Escalate in Response to Russia’s Continued Bloody Invasion of Ukraine