The European Commission has recently adopted its 14th package of economic sanctions and restrictive measures against Russia focused on enhancing private sector compliance, supporting enforcement by national authorities, and preventing sanctions circumvention. The new measures, designed to target critical sectors of the Russian economy, include sanctions against entities, individuals, and vessels that support Russia’s war effort and defense sector, as well as new restrictions on the export of critical dual-use goods and technology sought out by Russia's military-industrial complex. 

During this Quick Take, our experts provide an in-depth analysis of these new sanctions, associated sanctions-related risk™, as well as implications and practical guidance on compliance.