Carlo Scarpa of Tonucci & Partners has drawn up an in-depth analysis concerning the 21st European Union sanctions lot against Russia and the geopolitical and economic consequences deriving from China’s immediate response.
The analysis examines the main innovations introduced by the new sanctions regime, which strengthens restrictions related to financial, energy, and military-industrial sectors, extending the measures to crypto-assets and international networks involved in sanctions evasion.
Particular attention is paid to Beijing’s response, which has introduced restrictive measures against several European companies, ushering in a new stage the economic relations between the European Union and China and setting further challenges for companies operating in international markets.
The analysis highlights how the sanctions framework is constantly evolving and points out that companies involved in transactions connected to Russia need to conduct up-to-date and specific sanctions due diligence in order to properly manage compliance and risk profiles.
Learn more:
https://tonucci.com/wp-content/uploads/2026/08/MEMO_Pacchetto-n.21_Avv.-Scarpa_Sito.pdf