In response to the Russian Federation’s continued actions in southern and eastern Ukraine, both the United States and European Union have added further names to the lists of parties who are subject to sanctions. The US Department of Commerce’s Bureau of Industry and Security (“BIS”) has also announced the addition of thirteen companies to the BIS Entity List and has expanded its export restrictions on items subject to the Export Administration Regulations.

For further information, please see the Reed Smith Client Alert by Leigh Hansson, Sian Fellows, David Myers, Hena Schommer, Carlos Valdivia, Alexandra Allan, Sarah Rogers, Alexandra Gordon and Helena Heaton.