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Compliance Officers Playbook

EU Sanctions: Year-End 2024 Review

31 Jan 2025

Description

This episode summarises recent developments in European Union sanctions, focusing on the fifteenth package targeting Russia, encompassing individual and entity listings, trade restrictions, and divestment measures. The sanctions extended to Belarus and North Korea, alongside actions addressing hybrid threats. Furthermore, the newsletter highlights new European Commission FAQs clarifying due diligence requirements for sanctions compliance, particularly concerning circumvention and divestment from Russia. Finally, it reviews recent EU court cases interpreting sanctions legislation and previews upcoming policy discussions regarding sanctions on Georgia and Syria.

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