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Latest Posts
 * Italy — Amendments to the foreign investment review become permanent with
   some changes
 * Webinar: Latest Developments and Key Considerations for Business Operations
   in Russia
 * Russia introduces ruble-based payment procedure for IP related contracts
 * Expanding Application of “Deemed Export”
 * SEC Notifies Companies of Potential Ukraine Invasion Related Disclosure
   Obligations
 * Ukraine: Cancellation of marketing authorizations for pharmaceuticals
   manufactured in Russia or Belarus or held by companies affiliated or
   otherwise related to those with manufacturing facilities in Russia or Belarus
 * Ukraine introduces new mechanism for expropriation of property blocked by
   sanctions
 * Canada Introduces An Import and Export Ban on the Trade of Certain Luxury
   Goods with Russia, Prohibits the Export of Goods With Use in Weapons
   Manufacturing and Designates 14 Additional Russian Individuals

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ITALY — AMENDMENTS TO THE FOREIGN INVESTMENT REVIEW BECOME PERMANENT WITH SOME
CHANGES

May 31, 2022 By Raffaele Giarda, Antonio Lattanzio, Guido Pinto and Camila
Ambrosino 3 Mins Read

On 20 May 2022, The Italian Parliament confirmed Law-Decree No. 21/2022 which
the Government had enacted in March 2022 to introduce certain significant
changes to the Italian rules on foreign investments review (FIR) in response to
the invasion of Ukraine by Russia (see our article here). The result is Law No.
51 dated 20 May 2022 (Law 51/2022). By way of background, in the Italian
constitutional framework, the issuance of State-wide laws falls within the…

 * View Survey


WEBINAR: LATEST DEVELOPMENTS AND KEY CONSIDERATIONS FOR BUSINESS OPERATIONS IN
RUSSIA

May 30, 2022 by Sunny Mann and Alexander Bychkov 2 Mins Read

The unprecedented level of sanctions imposed on Russia from jurisdictions around
the world, as well as Russian counter-sanctions,…


RUSSIA INTRODUCES RUBLE-BASED PAYMENT PROCEDURE FOR IP RELATED CONTRACTS

May 30, 2022 by Alexander Bychkov and Vladimir Efremov 2 Mins Read

On 27 May 2022, the Russian President adopted Decree No. 322 “On the temporary
procedure for the performance…


EXPANDING APPLICATION OF “DEEMED EXPORT”

May 27, 2022 by Kana Itabashi 板橋 加奈, Izumi Matsumoto 松本　泉 and Ayumu Shinozaki
篠崎　歩 6 Mins Read

On May 1, 2022, the amendment to the Ministerial Ordinance for Exporter
Standards and relevant administrative notices (the…


SEC NOTIFIES COMPANIES OF POTENTIAL UKRAINE INVASION RELATED DISCLOSURE
OBLIGATIONS

May 26, 2022 by Reagan R. Demas, Maxine Jacobson and Maria Piontkovska 1 Min
Read

Baker McKenzie’s Global Supply Chain Compliance Blog has published a new post on
a sample letter issued by the…


UKRAINE: CANCELLATION OF MARKETING AUTHORIZATIONS FOR PHARMACEUTICALS
MANUFACTURED IN RUSSIA OR BELARUS OR HELD BY COMPANIES AFFILIATED OR OTHERWISE
RELATED TO THOSE WITH MANUFACTURING FACILITIES IN RUSSIA OR BELARUS

May 25, 2022 by Olha Demianiuk and Olha Sviatenka 3 Mins Read

On 22 May 2022, the Parliament of Ukraine adopted draft law No. 7313 (“Draft
Law”) aiming to prevent…


UKRAINE INTRODUCES NEW MECHANISM FOR EXPROPRIATION OF PROPERTY BLOCKED BY
SANCTIONS

May 25, 2022 by Hanna Shtepa and Hanna Smyrnova 3 Mins Read

Effective as of 24 May 2022, the Ukrainian sanctions legislation was amended to
allow expropriation without compensation of…

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