New Developments 2022

February 25, 2022

Fitch Ratings Downgrades Ukraine's Long-Term Foreign-Currency Issuer Default Rating from B to CCC.

S&P Ratings Downgrades Ukraine's Long-Term Foreign-Currency Sovereign Credit Rating from B to B-.

S&P Ratings Downgrades Russia's Long-Term Foreign-Currency Sovereign Credit Rating from BBB- to BB+.

EMTA Webinar: Economic and Political Outlook for Chile. Register Here

February 24, 2022

OFAC SDN, Consolidated, NS-MBS, CAPTA and SSI List Updates: Russia-related Designations; Belarus Designations; Issuance of Russia-related Directive 2 and 3; Issuance of Russia-related and Belarus General Licenses; Publication of new and updated Frequently Asked Questions.

National Bank Ukraine Statement on Procedures Under Martial Law. CLICK HERE

February 23, 2022

OFAC SDN List Update: PEESA Designations; Issuance of Russia-related General License 4.

Sanctions Developments Resulting From the Geopolitical Conflict in Ukraine – Cleary Gottlieb Steen & Hamilton Memorandum.

United States Releases First Tranche of Sanctions in Response to Russian Actions in Eastern Ukraine – Davis Polk Memorandum.

Annex A has been updated effective February 23, 2022. CLICK HERE.