Latest Round of US and EU sanctions on Russia and the Russian Government Reaction

April 29, 2014

In response to recent events in Ukraine, the United States and European Union imposed yet another round of sanctions this week. In response, Russia is considering a number of countermeasures that may affect U.S. and EU companies operating in Russia. The new measures are introduced after the perceived failure of the 17 April pact in Geneva to deescalate the situation in Ukraine. In this article we discuss the specific sanctions imposed by the U.S., EU and Russia and highlight screening solutions that companies should implement as part of a broader compliance program.

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