Sanctions 2025

EU

Arctic Ocean

EU

Law and Practice Contributed by: Edward Borovikov, Laurens Engelen, Aurore Ancion and Semen Medvedkov Dentons

Contents 1. Trends and Overview p.77 1.1 Sanctions Market p.77 1.2 Key Trends p.77 1.3 Key Industries p.77 1.4 Overview p.78 2. Overview of Regulatory Field p.78 2.1 Primary Regulators p.78 2.2 Enforcement p.79

2.3 Licensing p.80 2.4 Reporting p.80

3. Recent and Future Legal Developments p.81 3.1 Significant Court Decisions or Legal Developments p.81

3.2 Future Developments p.83 4. Delisting Challenges p.83 4.1 Process p.83 4.2 Remedies p.84 4.3 Timing p.84 5. Trade and Export Restrictions p.84 5.1 Services p.84 5.2 Goods p.85 6. Civil Litigation and Arbitration p.85

6.1 Force Majeure p.85 6.2 Enforcement p.86 7. Designation, Compliance and Circumvention p.86 7.1 Executive Body p.86 7.2 Scope of Designation p.86 7.3 Circumvention p.87

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