Sanctions 2025

BELGIUM

Netherlands

Brussels Belgium

Germany

Law and Practice Contributed by: Valerijus Ostrovskis, Bogdan Evtimov, Michael De Boeck and Coline Cauvin ACQUIS

Luxembourg

France

Contents 1. Trends and Overview p.26 1.1 Sanctions Market p.26 1.2 Key Trends p.26 1.3 Key Industries p.27 1.4 Overview p.27 2. Overview of Regulatory Field p.28 2.1 Primary Regulators p.28 2.2 Enforcement p.29

2.3 Licensing p.30 2.4 Reporting p.31

3. Recent and Future Legal Developments p.31 3.1 Significant Court Decisions or Legal Developments p.31

3.2 Future Developments p.32 4. Delisting Challenges p.33 4.1 Process p.33 4.2 Remedies p.33 4.3 Timing p.33 5. Trade and Export Restrictions p.34 5.1 Services p.34 5.2 Goods p.34 6. Civil Litigation and Arbitration p.34

6.1 Force Majeure p.34 6.2 Enforcement p.35 7. Designation, Compliance and Circumvention p.35 7.1 Executive Body p.35 7.2 Scope of Designation p.35 7.3 Circumvention p.37

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