Sanctions 2026

FRANCE

Belgium

Germany

Paris

France

Switzerland

Law and Practice Contributed by: William Julié, Amélie Beauchemin and Camille Gosson WJ Avocats

Italy

Spain

Contents 1. Trends and Overview p.137 1.1 Sanctions Market p.137 1.2 Key Trends p.137 1.3 Key Industries p.138 1.4 Overview p.138 2. Overview of Regulatory Field p.139 2.1 Primary Regulators p.139 2.2 Enforcement p.139

2.3 Licensing p.143 2.4 Reporting p.144

3. Recent and Future Legal Developments p.145 3.1 Significant Court Decisions or Legal Developments p.145

3.2 Future Developments p.146 4. Delisting Challenges p.147

4.1 Process p.147 4.2 Remedies p.147 4.3 Timing p.147 5. Trade and Export Restrictions p.147 5.1 Services p.147 5.2 Goods p.147 6. Civil Litigation and Arbitration p.148

6.1 Force Majeure p.148 6.2 Enforcement p.148 7. Designation, Compliance and Circumvention p.148 7.1 Executive Body p.148 7.2 Scope of Designation p.148 7.3 Circumvention p.150

135 CHAMBERS.COM

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