EU 12th fines lot – Carlo Scarpa of Tonucci & Partners examines the main proceedings of European Union 12th lot of fines adopted against Russia.

The European Union adopted its 12th lot of fines against Russia. The new proceeding introduces further provisions regarding Russians and Russian entities assets freeze, as well as amendments to EU regulatory framework concerning the prohibition of goods supplies intended for Russia, including new grounds for freezing the assets and related exemptions as well as strengthened provisions on asset tracing.

Carlo Scarpa of Tonucci & Partners examines the new provisions and amendments to the EU promoted sectorial fines against Russia.

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