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NLJ this week: Navigating the UK & US anti-Putin sanctions regimes

06 June 2025
Issue: 8119 / Categories: Legal News , International , Sanctions , Criminal
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The UK and US sanctions regime against Russia have notable differences, and President Trump has indicated he may lift certain sanctions. In this week’s NLJ, James Clark, partner, Ian Hargreaves, partner, and James Philippsohn, associate, of Quillon Law, discuss the sanctions landscape and how it applies to businesses and individuals

They note that ‘the US asserts a much broader extraterritorial reach’ than the UK; for example, sanctions can apply if the transaction is conducted in US dollars or clears through the US financial system even if no US person is directly involved. Another crucial difference is the US use of ‘secondary sanctions’, which target non-US persons outside the US.

Clark, Hargreaves and Philippsohn write: ‘It is possible for a transaction to be permitted under US law but a criminal offence under the UK sanctions regime, and vice versa. These differences are likely to increase given the divergence in the US’s and the UK’s approach to Russia.’ 

MOVERS & SHAKERS

DWF—19 appointments

DWF—19 appointments

Belfast team bolstered by three senior hires and 16 further appointments

Cadwalader—Andro Atlaga

Cadwalader—Andro Atlaga

Firm strengthens leveraged finance team with London partner hire

Knights—Ella Dodgson & Rebecca Laffan

Knights—Ella Dodgson & Rebecca Laffan

Double hire marks launch of family team in Leeds

NEWS
Charles Pigott of Mills & Reeve reports on Haynes v Thomson, the first judicial application of the Supreme Court’s For Women Scotland ruling in a discrimination claim, in this week's NLJ
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The Supreme Court issued a landmark judgment in July that overturned the convictions of Tom Hayes and Carlo Palombo, once poster boys of the Libor and Euribor scandal. In NLJ this week, Neil Swift of Peters & Peters considers what the ruling means for financial law enforcement
Small law firms want to embrace technology but feel lost in a maze of jargon, costs and compliance fears, writes Aisling O’Connell of the Solicitors Regulation Authority in this week's NLJ
Artificial intelligence may be revolutionising the law, but its misuse could wreck cases and careers, warns Clare Arthurs of Penningtons Manches Cooper in this week's NLJ
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