KEY INDUSTRY VIEWS: RUSSIA
NEW DEVELOPMENTS
October 23, 2024
OFAC SDN List Update: Russia-/Ukraine-related Designation Removal.
October 17, 2024
OFAC SDN List Update: Russia-related Designations; Counter Terrorism Designations and Removal; Iran-related Designation Removal.
September 26, 2024
OFAC SDN List Update: Russia-related Designations; Cyber-related Designation.
September 25, 2024
OFAC SDN List Update: Counter Terrorism Designations; Global Magnitsky Designations.
September 24, 2024
OFAC SDN List Update: Counter Narcotics Designations; Issuance of New Russia-related Frequently Asked Questions.
September 17, 2024
EMTA has published its Recommended FX and Currency Derivatives Market Practice No 101 updating its Template Terms for RUB Non-Deliverable FX Forward, Currency Option and Cross Currency FX Transactions effective September 30, 2024. EMTA Members may CLICK HERE to view the new Market Practice 101 and may CLICK HERE to view an accompanying Guidance Note.
September 16, 2024
OFAC SDN List Update: Cyber-related Designations; Global Magnitsky Designations.
September 13, 2024
OFAC SDN List Update: Russia-related Designations; Issuance of Russia-related General Licenses and Amended FAQ; Publication of BPI Regulatory Amendment; Reminder to File the 2024 Annual Report of Blocked Property.
September 10, 2024
OFAC SDN List Update: Russia-related, Iran-related, Counterterrorism, Non-Proliferation, and Counter Narcotics Designations.
September 5, 2024
OFAC SDN List Update: Russia-related Designations; Issuance of Russia-related General License.
August 28, 2024
OFAC SDN List Update: West Bank-related Designations; Russia-related Designation Removal.
August 12, 2024
Issuance of Russia-related General License; Issuance of Venezuela General License; Issuance of Amended Frequently Asked Question.
August 6, 2024
OFAC SDN List Update: Global Magnitsky Designation Update.
August 2, 2024
OFAC General License No. 99A published Authorizing the Wind Down of Transactions and Certain Transactions Related to Debt or Equity of, or Derivative Contracts Involving, MOEX, NCC, or NSD until October 12, 2024. CLICK HERE to see GL 99A.
OFAC General License No. 100A published Authorizing Certain Transactions Related to Debt or Equity or the Conversion of Currencies Involving MOEX, NCC, or NSD until October 12, 2024. CLICK HERE to see GL100A.
Issuance of Russia-related General Licenses.
July 10, 2024
Issuance of Russia-related General License.
July 3, 2024
Update to Certain Russia-related Listings.
June 21, 2024
OFAC SDN List Update: Russia-related Designations.
June 13, 2024
Press Release of the Central Bank of Russia: Information on procedures for settling official exchange rates of US dollar and euro.
June 11, 2024
OFAC SDN List Update: Global Magnitsky Designations.
June 7, 2024
OFAC SDN List Update: Russia-related Designations Removals.
May 30, 2024
OFAC SDN List Update: Russia-related Designations.
May 14, 2024
OFAC SDN List Update: Russia-related Designations.
May 6, 2024
OFAC SSI List Update: Ukraine-/Russia-related Designation Removal.
May 3, 2024
OFAC SDN List Update: Russia-related Designations Removals.
April 29, 2024
Issuance of Russia-related General License.
April 26, 2024
OFAC SDN List Update: Russia-related Designations Removals.
April 12, 2024
Publication of Russia-related Determinations; Issuance of Russia-related General License and Frequently Asked Questions.
April 2, 2024
Russia-related Designation Removal.
March 25, 2024
OFAC SDN List Update: Russia-related Designations; Cyber-related Designations.
March 20, 2024
OFAC SDN List Update: Iran-related Designations; Non-Proliferation Designations; Russia-related Designations.
March 13, 2024
OFAC SDN List Update: Balkans-related Designations; Russia-related Removal.
March 5, 2024
OFAC SDN List Update: Cyber-related Designations; Global Magnitsky Designation Removal.
February 23, 2024
OFAC SDN and SSI List Updates: Russia-related Designations; Issuance of Russia-related General Licenses and new and amended Frequently Asked Questions.
OFAC SDN List Updates: Russia-related Designations; Issuance of Russia-related General Licenses.
February 20, 2024
Issuance of Russia-related General License.
February 8, 2024
OFAC SDN List Update: Russia-related Designations; Publication of Russia-related Determinations; Issuance of Russia-related General License.
February 7, 2024
OFAC SDN List Update: Counter Narcotics Designations; Russia-related Designation Removal.
January 12, 2024
OFAC SDN List Update: Counter Terrorism Designations; Russia-related Designation Removal.
December 12, 2023
OFAC SDN List Update: Russia-related Designations and Designations Updates; Issuance of Russia-related General Licenses.
December 5, 2023
OFAC SDN List Update: Russia-related Designations; Belarus Designations; Issuance of Belarus General License.
December 1, 2023
OFAC SDN List Update: Russia-related Designations; Issuance of Russia-related General License.
November 8, 2023
Issuance of Russia-related General License.
November 3, 2023
OFAC SDN List Update: Russia-related Designation.
October 25, 2023
Issuance of Russia-related General License.
October 12, 2023
OFAC SDN List Update: Russia-related Designations; Publication of Maritime Oil Industry Advisory; Issuance of Russia-related General License.
September 28, 2023
EMTA Seminar: Update on EM Sanctions in London
September 18, 2023
US, EU and UK Maintain Pressure Through Russia Sanctions (Shearman & Sterling Memorandum).
September 14, 2023
OFAC SDN and SSI List Updates: Russia-related Designations, Designations Updates, and Designations Removals; Issuance of Russia-related General Licenses.
August 24, 2023
OFAC SDN List Update: Democratic Republic of the Congo-related Designations; Russia-related Designations; Global Magnitsky Designation Update.
August 11, 2023
OFAC SDN List Update: Russia-related Designations; Publication of Russia-related Frequently Asked Questions.
August 10, 2023
OFAC SDN List Update: Lebanon Designations; Issuance of Russia-related General License.
August 3, 2023
OFAC SDN List Update: Russia-related Designations Updates and Designation Removal; Global Magnitsky Designation Removal.
July 24, 2023
OFAC SDN List Update: Russia-related Designations.
July 11, 2023
OFAC SDN List Update: Balkans-related Designation; Russia-related Designation Update.
June 27, 2023
OFAC SDN List Update: Russia-related Designations and Designation Update; Publication of Africa Gold Advisory.
June 23, 2023
OFAC SDN List Update: Russia-related Designations.
June 15, 2023
OFAC SDN List Update: Non-Proliferation Designation; North Korea Designation; Russia-related Designation Update.
June 5, 2023
OFAC SDN List Update: Russia-related Designations.
May 31, 2023
Issuance of Russia-related General License.
May 25, 2023
OFAC SDN List Update: Russia-related Designation; Counter Narcotics Designations Removals.
May 24, 2023
Update on EM Sanctions.
May 12, 2023
OFAC SSI List Update: Ukraine-/Russia-related Designation Removal.
May 5, 2023
Issuance of Russia-related General License.
April 17, 2023
Publication of Alert on Possible Evasion of the Russian Oil Price Cap.
EMTA Seminar: Update on EM Sanctions. Register Here.
April 14, 2023
OFAC SDN List Update: Counter Narcotics Designations; Russia-related Designations Updates.
April 12, 2023
Russia-related General Licenses and Frequently Asked Question; Revocation of Russia-related General License.
March 3, 2023
OFAC SDN List Update: Global Magnitsky Designations; Russia-related Designations.
March 2, 2023
OFAC SDN List Update: Counter Narcotics and Iran-related Designations; Russia-related Designations Updates; Issuance of Iran-related General License and Guidance; Publication of Fraud Alert.
Publication of Tri-Seal Compliance Note: Cracking Down on Third-Party Intermediaries Used to Evade Russia-Related Sanctions and Export Controls.
February 1, 2023
OFAC SDN List Update: Russia-related Designations; Counter Narcotics Designation Update.
January 17, 2023
Issuance of Russia-related General Licenses and Amended Russia-related Frequently Asked Questions.
December 30, 2022
Preliminary Guidance on Implementation of the Price Cap Policy for Petroleum Products of Russian Federation Origin.
December 22, 2022
OFAC SDN List Update: Russia-related Designations.
December 5, 2022
Publication of Russia-related Determination.
November 21, 2022
Issuance of Russia-related General License.
November 18, 2022
Issuance of Russia-related General License.
November 14, 2022
OFAC SDN List Update: Russia-related Designations, Designation Update, and Designation Removal; Issuance of Russia-related General License.
November 10, 2022
Issuance of Russia-related General License and Frequently Asked Question.
Issuance of Russia-related General License 8D.
October 31, 2022
Publication of Russia-related Frequently Asked Question.
October 26, 2022
OFAC SDN List Update: Iran-related Designations; Russia-related Designations; Global Magnitsky Designation.
October 19, 2022
OFAC SDN List Update: Russia-related Designations.
September 30, 2022
OFAC SDN List Update: Russia-related Designations and Designations Updates; Publication of Russia-related Frequently Asked Question.
September 15, 2022
OFAC SDN List Update: Russia-related Designations; Issuance of Russia-related General License and Frequently Asked Questions; Zimbabwe-related Designation, Removals and Update; Libya-related Designation Update.
Publication of Russia-related Determinations and Frequently Asked Questions.
September 7, 2022
Market Practice Recommended for Trades of Russia Corporate Bonds.
August 3, 2022
Issuance of Russia-related General Licenses.
July 29, 2022
OFAC SDN List Update: Russia-related Designations.
June 27, 2022
Market Practice Recommended for Russia Sovereign Bonds.
June 14, 2022
Issuance of Russia-related General License 8C; Publication of amended Russia-related Frequently Asked Questions.
June 9, 2022
Publication of new Russia-related Frequently Asked Questions.
June 6, 2022
Publication of new and amended Russia-related Frequently Asked Questions.
June 1, 2022
Market Practice Recommended for Trades of Russia Corporate Bonds.
May 25, 2022
Issuance of Russia-related General License 13A.
May 24, 2022
Notice on Russian Harmful Foreign Activities Sanctions General License 9C.
May 13, 2022
EMTA publishes its Implementation Protocol for the 2022 Ruble Multilateral Amendment Agreement for Certain Russian Ruble FX, Currency Option and Swap Transactions and its Guide to 2022 Ruble Bilateral Amendment Documentation for Deliverable and Non-Deliverable Ruble FX and Swap Transactions. CLICK HERE
May 11, 2022
Publication of amended Russia-related Frequently Asked Questions.
May 5, 2022
Issuance of Russia-related General Licenses; Publication of new and amended Russia-related Frequently Asked Questions.
May 2, 2022
Issuance of Russia-related General License 30.
April 29, 2022
Amendment to the Ukraine-Related Sanctions Regulations and Associated Administrative List Updates.
April 25, 2022
Issuance of Ukraine-/Russia-Related General Licenses; Publication of amended Frequently Asked Questions.
April 20, 2022
EMTA Issues Recommended FX and Currency Derivatives Market Practice No. 98 on Updated Template Terms for RUB Non-Deliverable FX Forward, Currency Option and Cross Currency FX Transactions. EMTA Members may CLICK HERE to view this Market Practice.
Publication of Russia-related Frequently Asked Question.
April 19, 2022
Publication of Fact Sheet on Preserving Agricultural Trade, Access to Communication, and Other Support to Those Impacted by Russia's War Against Ukraine; Issuance of Russia-related General License 27.
April 12, 2022
Issuance of Russia-related General License 26.
April 8, 2022
S&P Global Ratings Downgrades Russia’s Long-Term Foreign Currency Rating from CC to SD, Before Withdrawing Russia Ratings.
April 7, 2022
OFAC SDN List Update: Russia-related Designations and Designations Updates; Issuance of Russia-related General Licenses.
April 6, 2022
OFAC SDN List Update: Russia-related Designations and Designations Updates; Issuance of Russia-related General Licenses.
OFAC SDN List Update: Russia-related Designations.
April 5, 2022
OFAC SDN List Update: Russia-related Designation; Cyber-related Designation.
March 31, 2022
OFAC SDN List Update: Russia-related Designations and Designation Removal; Cyber-related Designation; CAATSA - Russia-related Designations; Issuance of Russia-related Determination pursuant to Executive Order 14024.
March 30, 2022
Market Practice Recommended for Trades of Russia Corporate Bonds.
March 24, 2022
OFAC SDN List Update: Russia-related Designations; Publication of new Frequently Asked Question.
Issuance of Russia-related General Licenses; Publication of amended Frequently Asked Questions.
March 22, 2022
US, EU and UK Target Russia with New Sanctions as Ukraine Invasion Escalates - Shearman & Sterling Memorandum.
March 21, 2022
Russia Sanctions Update - Davis Polk Memorandum.
March 18, 2022
Issuance of Russia-related General License 24; Publication of amended Frequently Asked Question.
March 17, 2022
S&P Global Ratings Downgrades Russia's Foreign Currency Sovereign Credit Rating from CCC- to CC.
March 15, 2022
OFAC SDN List Update: Russia-related Designations and Designation Update; Belarus Designation and Designation Update; Magnitsky-related Designations.
Russia – Understanding Potential Sovereign Default Events – Fitch’s Non-Rating Action Commentary.
March 11, 2022
OFAC SDN List Update: Issuance of new Russia-related Executive Order and related General Licenses; Publication of new and amended Frequently Asked Questions; Russia-related Designations; North Korea Designations.
March 8, 2022
Issuance of new Russia-related Executive Order and related General License 16; Publication of new and amended Frequently Asked Questions.
March 4, 2022
Russia Sanctions Update - Davis Polk Memorandum.
Publication of Russia-related Frequently Asked Questions.
March 3, 2022
OFAC SDN List Update: Russia-related Designations; Issuance of Russia-related General License.
S&P Global Ratings Downgrades Russia's Long-Term Foreign-Currency Sovereign Credit Rating from BB+ to CCC-.
March 2, 2022
ISDA/EMTA RUB FX Deliverable Currency Amendment Agreement. (Publication Word version).
Press Release of Moscow Exchange.
What Companies Need to Know About the U.S. Sanctions Against Russia - Quinn Emanuel Urquhart & Sullivan Memorandum.
Issuance of Russia-related General Licenses; Publication of new and Amended Frequently Asked Questions.
Fitch Ratings Downgrades Russia's Long-Term Foreign-Currency Issuer Default Rating from BBB to B.
March 1, 2022
International Sanctions Updates - Allen & Overy Memorandum, March 1, 2022 Plus Webinar Details for March 2.
United States Escalates Sanctions and Export Controls in Response to Russian Invasion of Ukraine - Davis Polk Memorandum.
December 20, 2019
Issuance of Ukraine-/Russia-related Frequently Asked Question.
September 30, 2019
OFAC SDN List Update: Foreign Interference in U.S. Election Designations; Cyber-Related Designations; Ukraine-/Russia-Related Designations; North Korea Designations Update.
September 26, 2019
OFAC SDN List Update: Ukraine-/Russia-related Designations; Syria Designation.
September 9, 2019
EMTA Special Seminar: Venezuela and Russia Sanctions: An Update.
February 12, 2019
EMTA Special Seminar: Venezuela and Russia Sanctions: An Update in New York to be Held on February 28, 2019. Click Here to Register.
January 27, 2019
OFAC SDN List Update: Ukraine-/Russia-related Designations Removals.
January 16, 2019
Temporary Extension of Ukraine-related General Licenses.
December 21, 2018
OFAC Announces Intent to Delist Rusal and Other Entities Owned by Sanctioned Oligarch Deripaska - Davis Polk Memorandum.
December 20, 2018
Temporary Extension of Ukraine-related General Licenses.
December 19, 2018
Notice of Intended Removals; Ukraine-/Russia-related Designations; Cyber-related Designations.
December 7, 2018
Temporary Extension of Ukraine-related General Licenses.
November 9, 2018
Temporary Extension of Ukraine-related General Licenses.
November 8, 2018
OFAC SDN List Update: Ukraine-/Russia-related Designations; CAATSA - Russia-related Designations; Iran-related Administrative Updates.
October 19, 2018
Temporary Extension of Ukraine-related General Licenses.
October 12, 2018
Temporary Extension of Ukraine-related General Licenses.
September 24, 2018
Russia Sanctions Updates - Davis Polk Memorandum.
September 21, 2018
Temporary Extension of Ukraine-related General Licenses.
September 14, 2018
Publication of New Ukraine-/Russia-related FAQs.
August 1, 2018
OFAC SDN and SSI List Update: Non-proliferation Designations; Ukraine-/Russia-related Removal.
August 2018
U.S. Moves Cautiously to Impose Mandated Sanctions Against Russia, While Congress Mulls Further Measures.
July 31, 2018
Issuance of Ukraine-/Russia-related General License 13C.
June 4, 2018
Issuance of Ukraine-/Russia-related General License 16.
May 31, 2018
Issuance of Ukraine-/Russia-related General License 13B.
May 25, 2018
Issuance of Ukraine-/Russia-related General Licenses; Publication of New FAQs and Updated FAQs.
May 22, 2018
Issuance of Ukraine-/Russia-related General Licenses; Publication of New FAQs and Updated FAQs.
May 2, 2018
EMTA Special Seminar: Russia Sanctions Update
May 1, 2018
Issuance of Ukraine-/Russia-related General Licenses; Publication of New FAQs and Updated FAQs.
May 2018
OFAC Issues Important Updates and Clarifications to Russia Sanctions - Dechert Memorandum.
Russian Legislature Makes Way For Counter Sanctions Legislation – Dechert Memorandum.
Upper House of Russian Parliament Passes Counter-Sanctions Bill – Dechert Memorandum.
April 24, 2018
OFAC Issues New General Licenses, Guidance Related to Recent Russia Sanctions - Skadden, Arps, Slate, Meagher & Flom Memorandum.
April 20, 2018
EMTA Special Seminar: Russia Sanctions Update in New York to be Held on May 2, 2018. Click Here to Register.
April 13, 2018
New Russia Sanctions: Key Takeaways – Morgan Lewis & Bockius Memorandum.
April 11, 2018
US Imposes New Russia Sanctions Targeting Oligarchs, Senior Government Officials and Entities - Skadden, Arps, Slate, Meagher & Flom Memorandum.
April 8, 2018
U.S. Sanctions Additional Russian Targets - Cleary Gottlieb Memorandum.
April 6, 2018
US Treasury Press Release: Treasury Designates Russian Oligarchs, Officials, and Entities in Response to Worldwide Malign Activity.
US Imposes New Russia Sanctions Targeting Oligarchs, Senior Government Officials and Entities - Skadden, Arps, Slate, Meagher & Flom Memorandum.
OFAC Targets Russian Oligarchs and Government Officials - Davis Polk Memorandum.
April 2018
In a Major Move US Sanctions Key Russian Oligarchs Officials and Related Entities - Dechert Memorandum.
January 30, 2018
Trump Administration Releases List of Russian Political Figures and Oligarchs to Congress, Decision on Defense/Intelligence Sector Sanctions - Dechert Memorandum.
November 9, 2017
Trump Administration Sets Approach to Implementation of New Russia Sanctions - Skadden, Arps, Slate, Meagher & Flom Memorandum.
August 4, 2017
The Countering America’s Adversaries Through Sanctions Act Becomes Law - Davis Polk Memorandum.
June 16, 2017
Senate Adopts New Sanctions Targeting Russia and Iran – Cleary Gottlieb Memorandum.
January 13, 2017
Bipartisan Group of Senators Introduces Draft Bill to Expand U.S. Sanctions Against Russia – Cleary Gottlieb Memorandum.
January 2017
Trump, Russia and Sanctions – Dechert Memorandum.
December 20, 2016
US Government Modifies Sanctions Against Russia/Crimea – Dechert Memorandum.
June 13, 2016
EMTA issues its Recommended FX and Currency Derivatives Market Practice No. 77 recommending, effective July 18, 2016, new standard terms for RUB Non-Deliverable FX Forward and Currency Option Transactions.
CLICK HERE to view the Market Practice.
CLICK HERE to view the Implementation Protocol and related documentation.
August 13, 2015
US Imposes Significant Export Restrictions on Russian Oil and Gas Field – Dechert Memorandum.
August 3, 2015
Additional U.S. Sanctions Imposed on Russian and Ukrainian Persons, But No Significant Escalation – Dechert Memorandum.
March 13, 2015
EMTA Special Seminar: Russia/Ukraine: An Update to be Held in London on March 26, 2015. Click Here to Register.
February 20, 2015
Moody's Downgrades Russia's Sovereign Debt Rating from Baa3 to Ba1.
January 30, 2015
EMTA Special Seminar: Russia/Ukraine: An Update to be Held in NYC on February 11, 2015. Click Here to Register.
January 26, 2015
Standard & Poor’s Downgrades Russia’s Foreign-Currency Sovereign Rating from BBB- to BB+.
January 16, 2015
Moody's Downgrades Russia's Government Bond Rating from Baa2 to Baa3.
January 9, 2015
Fitch Downgrades Russia's Long-Term Foreign Currency Issuer Default Ratings from BBB to BBB-.
December 24, 2014
U.S. Economic Sanctions - Recent Developments: President Prohibits Trade with and New Investment in the Crimea Region of Ukraine; Congress Passes New Laws Authorizing New Ukraine-Related Sanctions - Sullivan & Cromwell Memorandum.
December 23, 2014
U.S. Enacts New Russia Sanctions Law; President Obama Imposes Trade/Investment Embargo on Crimea – BakerHostetler Memorandum.
December 21, 2014
U.S. Imposes Comprehensive Sanctions Against Crimea - Cleary Gottlieb Steen & Hamilton Memorandum.
December 19, 2014
EU Expands Existing Restrictions in Relation to Crimea and Sevastopol – Dechert Memorandum.
December 17, 2014
Ukraine-Related Sanctions: New U.S. Statute Creates Secondary Sanctions Targeting Certain Dealings with Russia – Cleary Gottlieb Steen & Hamilton Memorandum.
New Law Significantly Expands Legal Basis for US Sanctions Against Russia – Dechert Memorandum.
October 17, 2014
Moody’s Downgrades Russia’s Government Debt Rating from Baa1 to Baa2.
September 22, 2014
Sanctions Update – Cadwalader, Wickersham & Taft Memorandum.
September 15, 2014
US and EU Impose Additional Sanctions on Russia – Dechert Memorandum.
Sanctions Update – Cadwalader, Wickersham & Taft Memorandum.
Ukraine-Related Sanctions: EU Strengthens Sectoral Sanctions Against Russian Economic Interests, and Lists Additional Sanctioned Persons – Cleary Gottlieb Steen & Hamilton Memorandum.
September 14, 2014
Ukraine-Related Sanctions: Expanded U.S. Sanctions Against Russian Financial, Energy, and Defense Sectors – Cleary Gottlieb Steen and Hamilton Memorandum.
September 2, 2014
Sanctions Update (Australia) – Cadwalader, Wickersham & Taft Memorandum.
August 15, 2014
Russia Responds to Ukraine Sanctions with Ban on Certain Food Imports from the EU, USA, Canada, Australia and Norway - Cleary Gottlieb Steen & Hamilton Memorandum.
August 14, 2014
OFAC Issues New Guidance on Entities Owned by Blocked Persons – Cleary Gottlieb Steen & Hamilton Memorandum.
August 13, 2014
Sanctions Update - Cadwalader, Wickersham & Taft Memorandum.
August 8, 2014
Sanctions Summary – Cadwalader, Wickersham & Taft Memorandum.
August 4, 2014
Ukraine-Related Sanctions – Sullivan & Cromwell Memorandum.
August 1, 2014
EU Imposes Wide-Ranging Sectoral Sanctions Against Russia – Cleary Gottlieb Steen & Hamilton Memorandum.
July 31, 2014
Sanctions Summary – Cadwalader, Wickersham & Taft Memorandum.
July 30, 2014
Sanctions Summary – Cadwalader, Wickersham & Taft Memorandum.
July 29, 2014
Sanction Update – Cadwalader, Wickersham & Taft Memorandum.
July 25, 2014
Ukraine-Related Sanctions – Sullivan & Cromwell Memorandum.
Ukraine-Related Developments – Cadwalader, Wickersham & Taft Memorandum.
July 17, 2014
Ukraine-Related Sanctions – Cleary Gottlieb Memorandum.
U.S. Significantly Expands Ukraine-Related Sanctions; Europe Announces New Measures – Cadwalader, Wickersham & Taft Memorandum.
Additional US and EU Sanctions Imposed on Russia and the Russian Government Reaction - Dechert Memorandum.
July 16, 2014
OFAC Russia Sanctions, FAQ, OFAC General License and Draft EU Conclusions.
June 23, 2014
Russia Sanctions Update – Cadwalader, Wickersham & Taft Memorandum.
Canada Imposes Sanctions on Ukrainian and Russian Individuals – Cadwalader, Wickersham & Taft Memorandum.
EMTA Special Seminar: Russia/Ukraine: An Update
June 6, 2014
EMTA Special Seminar: Russia/Ukraine: An Update to be Held in NYC on June 23, 2014. Click Here to Register.
May 20, 2014
Twelve More Russians Sanctioned under Magnitsky Act – Cadwalader, Wickersham & Taft Memorandum.
May 16, 2014
Sanctions Update – Cadwalader, Wickersham & Taft Memorandum.
May 14, 2014
Best Practices in Economic Sanctions Compliance: Russia Case Study – Richards Kibbe & Orbe Memorandum.
May 6, 2014
Canada Announces Sanctions Against Russian Entities – Cadwalader, Wickersham & Taft Memorandum.
May 2, 2014
Ukraine-Related Sanctions – Sullivan & Cromwell Memorandum.
April 29, 2014
Further Ukraine-Related Sanctions from EU and Japan – Cadwalader, Wickersham & Taft Memorandum.
April 24, 2014
Standard & Poor’s Downgrades Russia’s Long-Term Foreign Currency Sovereign Credit Rating from BBB to BBB-.
March 21, 2014
Further Developments in US Sanctions Relating to Ukraine - Cleary Gottlieb Memorandum.
March 20, 2014
More Russians Sanctioned (with Turza Comment) – Clifford Chance Memorandum.
US Executive Order – Blocking Property of Additional Persons Contributing to the Situation in Ukraine.
March 19, 2014
Ukraine-Related Economic Sanctions: U.S. and EU Adopt Economic Sanctions in Response to the Current Situation in Ukraine; Additional Measures Likely if Current Situation Persists or Escalates – Sullivan & Cromwell Memorandum.
March 17, 2014
Council Decision [of the Council of the European Union] 2014/145/CFSP Concerning Restrictive Measures in Respect of Actions Undermining or Threatening the Territorial Integrity, Sovereignty and Independence of Ukraine.
Council Regulation (EU) No 269/2014 Concerning Restrictive Measures in Respect of Actions Undermining or Threatening the Territorial Integrity, Sovereignty and Independence of Ukraine.
March 11, 2014
Ukrainian Sanctions – Cadwalader, Wickersham & Taft Memorandum.
Ukraine: EU and US Impose Financial Sanctions – Clifford Chance Memorandum.
March 6, 2014
President Obama Issues Executive Order No. 13660 under the International Emergency Economic Powers Act.
HM Treasury issues Financial Sanctions Notice in respect of certain Ukrainian assets and activities related thereto.
March 5, 2014
Council Decision [of the Council of the European Union] 2014/119/CFSP Concerning Restrictive Measures Directed Against Certain Persons, Entities and Bodies in View of the Situation in Ukraine.
June 11, 2012
EMTA Issues its Recommended FX and Currency Derivatives on Monitoring RUB/USD Barrier Option Transactions. CLICK HERE to view this Market Practice Market Practice No. 66.
June 11, 2012
EMTA Issues its Recommended FX and Currency Derivatives on Monitoring RUB/USD Barrier Option Transactions. CLICK HERE to view this Market Practice Market Practice No. 66.
November 3, 2011
Recommended FX and Currency Derivatives Practice on Expiration Times for Russian Ruble Currency Option Transactions.
July 4, 2011
Press Release from MICEX Regarding Extension of Trading Hours.
| December 1, 2009 | |
|
November 27, 2009 |
Russian Finance Ministry Launches Third Offer of Eurobonds for FTO Debt. |
|
February 4, 2009 |
Fitch Downgrades Russia's Long-Term Issuer Default Rating from BBB+ to BBB. |
|
December 11, 2008 |
|
|
December 8, 2008 |
Standard & Poor's Downgrades Russia's Foreign-Currency Sovereign Credit Rating from BBB+ to BBB. |
|
July 16, 2008 |
Moody's Upgrades Russia's Government Bond Rating from Baa2 to Baa1. |
|
December 5, 2007 |
EMTA Annual Meeting Sell Side Panel - Market Views on Key Variables for 2008. |
|
November 29, 2007 |
Anders Aslund, Senior Fellow at Peterson Institute for International Economics, to Deliver Keynote Address at EMTA's Annual Meeting on Wednesday, December 5, 2007. Click Here to Register. "Russia’s Capitalist Revolution: Why Market Reform Succeeded and Democracy Failed" by Anders Aslund Is Now Available - Click Here for More Information. |
|
April 19, 2007 |
|
|
September 15, 2006 |
|
|
September 4, 2006 |
Standard & Poor's Upgrades the Russian Federation's Long-Term Foreign Currency Rating to BBB+. |
|
August 22, 2006 |
Standard & Poor's Upgrades Aries Rating to AAA Following Russian Paris Club Prepayment. |
|
July 31, 2006 |
Russian Ministry of Finance Announces Second Tranche of Former USSR FTO Debt Exchange. |
|
July 25, 2006 |
|
|
December 15, 2005 |
Standard & Poor’s Upgrades Russian Long-Term Foreign Currency Rating to BBB. |
|
August 3, 2005 |
|
|
May 20, 2005 |
New and Amended Russian Ruble Rate Source Definitions Announced by EMTA, ISDA and the FXC. |
|
May 13, 2005 |
Paris Club Accepts Russia's Offer to Prepay US$ 15 Billion of Its Debt. |
|
May 3, 2005 |
EMTA publishes standard terms (and related documentation) for Russian Ruble/U.S. Dollar non-deliverable foreign exchange transactions, and in conjunction with the Chicago Mercantile Exchange updates the methodology for the daily CME EMTA Reference Rate.
|
|
January 31, 2005 |
Standard & Poor’s Upgrades Russian Long-Term Foreign Currency Rating to Investment Grade. Standard & Poor’s Upgrades Mexico’s Long-Term Foreign Currency Rating to BBB. |
|
November 18, 2004 |
|
|
June 24, 2004 |
|
|
April 12, 2004 |
EMCA Letter to Russian Government Officials Regarding FTO Debt. |
|
May 23, 2003 |
EM Sovereign Bond Documentation Charts for Brazil, Mexico and South Africa, as well as for 2000 Ecuador and Russia. |
|
October 25, 2002 |
For Information on the FTO Trade Debt Restructuring, visit the Russia Ministry of Finance Website at www.minfin.ru/ex_debt/debt.htm. |
|
March 18, 2002 |
FTO Debt Exchange Materials Now Available. Eligible Holders May Obtain Documents from EMTA by Clicking Here or Calling 646-637-9100. |
|
February 4, 2002 |
|
|
January 16, 2002 |
Igor Kostikov, Chairman of the Russian Federal Commission for the Securities Market, to Speak at Special EMTA Meeting on February 4. |
|
September 7, 2000 |
|
|
August 28, 2000 |
EMTA Announces Multilateral Net Delivery Facility for Negative Accrued Period Claims. |
|
August 23, 2000 |
Market Practice for Russia 2010 Bonds Now Available. Transfer Certificates for Transfers Between the Reg S and 144A Branches of Russia and Ecuador Bonds Now Available. |
|
August 22, 2000 |
WI Trades of Ecuador Bonds Should Settle on August 28, 2000 with 5 Days of Accrued Interest from August 23, 2000 to August 28, 2000. WI Trades of Russia Bonds Should Settle on August 30, 2000 with 150 days of Accrued Interest from March 31, 2000 to August 30, 2000. |
|
August 18, 2000 +++ |
Market Practices Now Available for (1) Negative Accrued Period Claims for Russia Prin Trades, (2) Participation Deliveries for Russia Prin Trades and (3) Failed Deliveries of Russia Bonds Prior to the Expiration Date of the Russia Restructuring Offer and Failed Deliveries of Ecuador Bonds Prior to the Expiration Date of the Ecuador Exchange Offer. Market Practices for failed deliveries of Russia Bonds prior to the expiration date of the Russia Restructuring Offer and failed deliveries of Ecuador Bonds prior to the expiration date of the Ecuador Exchange Offer. |
|
August 14, 2000 |
Russia's Finance Ministry Has Announced that it will Continue to Accept Letters of Transmittal in Connection with its Offer to Exchange Outstanding Prin and IAN Debt for New 10- and 30-Year Eurobond Debt Until Thursday, August 17, 2000, at 5:00 P.M. (London Time) in Order to Allow Creditors Additional Processing Time. The Exchange Offer is Still Expected to be Completed, as Previously Scheduled, on Friday, August 25, 2000. |
|
August 11, 2000 |
Revised Draft Market Practices for Failed Trades of IANs and Ecuador Bonds, and Draft Market Practices for Claims in Respect of Russia Assignment or Participation Trades Settled During the 'Negative Accrued Period' and Delivery Obligations under Existing Russia Participations are being Distributed for Comment. |
|
August 9, 2000 |
WI Trades of Russia 2010 Bonds -- Important Clarification on the Delivery of Settlement Instructions into the Clearing Systems. |
|
August 8, 2000 |
Draft EMTA Market Practice for Failed Trades of Russian IANs and Ecuador Bonds Distributed for Comment. |
|
July 26, 2000 |
|
|
July 20, 2000 |
|
|
July 13, 2000 |
|
|
June 1, 2000 |
Bank of America Announces New Interest Period (June 2, 2000 - December 4, 2000) for VEB Restructured Loans, with 7.9375% Interest Rate for USD Loans. |
|
May 26, 2000 |
EMTA Announces Current & Historical CME/EMTA Ruble Rates Now Available on the EMTA Website. |
|
April 17, 2000 |
|
|
January 27, 2000++ |
Market Practice for the trading of new designated Vnesh USD Tranche 1 Loan. |
|
May 27, 1999 |
|
|
November 21, 1998 |
|
|
March 16, 1998 |
Additional Market Practices for Russia VEB Restructured Loans. |
|
February 13, 1998 |
|
|
January 22, 1998 |
|
|
December 17, 1997 |
|
|
December 15, 1997 |
Market Practice for the settlement of Russian VEB Restructured Loans. |
|
December 2, 1997 |
Market Practice for the settlement of 'When-Restructured' trades of Russian VEB Restructured Loans. |
|
November 25, 1997 |
|
|
March 5, 1997 |
Market Practice for the type of currency traded for Russian Loans. |
|
November 7, 1996 |
|
|
July 11, 1996 |
|
|
June 13, 1996 |
|
|
February 23, 1995 |
Market Practices for Russia's escrow for 1992 and 1993 interest. |
|
August 17, 1994 |
|
|
June 22, 1994 |