Sanctions and Export Controls: The Current and Future Landscape for Global Financial Institutions Download By Carol M. BeaumierFor two years running, Protiviti has published a paper on the major sanction developments in the past year and our expectations for the coming year. We did this, in part, because the pace, scale and enforcement of economic sanctions reached unprecedented levels after Russia’s invasion of Ukraine in February 2022. We now seem to have settled into an environment where world events and geopolitical tensions virtually guarantee continuing sanction and export control activity – but hopefully not at the pace we saw in early 2022. Download Topics Risk Management and Regulatory Compliance Perspectives on Global Sanctions Landscape Learn More Jeff Stein and Federica Cocco, “How four U.S. presidents unleashed economic warfare across the globe,” The Washington Post, July 25, 2024: www.washingtonpost.com/business/interactive/2024/us-sanction-countries-work/.Claire E. Connor, Randall Johnston and Elizabeth Krabill McIntyre, “Trump Administration 2.0 – International Trade and Security Update,” Vinson & Elkins LLP, Dec. 5, 2024: www.jdsupra.com/legalnews/trump-administration-2-0-international-4621368/.Annmarie Hordern, Jenny Leonard, Viktoria Dendrinou and Alberto Nardelli, “US Considers New Russia Oil Sanctions to Weaken Putin Ahead of Trump,” Bloomberg, Dec. 10, 2024: https://www.bloomberg.com/news/articles/2024-12-11/us-mulls-new-russia-oil-sanctions-to-weaken-putin-ahead-of-trump.Yong Jian, “China firing preemptive trade war shots at Trump,” Asia Times, Dec. 28, 2024: https://asiatimes.com/2024/12/china-firing-preemptive-trade-war-shots-at-trump/.Laura von Daniels, “Will the EU agree to use economic sanctions against China?”, Brookings, Nov. 1, 2024: https://www.brookings.edu/articles/will-the-eu-agree-to-use-economic-sanctions-against-china/.Andrew Hanna, “Sanctions 5: Trump’s ‘Maximum Pressure’ Targets,” The Iran Primer, United States Institute of Peace, Mar. 3, 2021: https://iranprimer.usip.org/blog/2021/mar/03/sanctions-5-trumps-maximum-pressure-targets.Ariel Kahana, “Trump administration plans crippling sanctions on ICC,” Jewish News Syndicate, Jan. 5, 2025: https://www.jns.org/trump-administration-plans-crippling-sanctions-on-icc/.Mared Gwyn Jones, “Fact check: Where do EU countries stand on ICC’s arrest warrant for Netanyahu?”, euronews, Mar. 12, 2024: https://www.euronews.com/my-europe/2024/12/03/fact-check-where-do-eu-countries-stand-on-iccs-arrest-warrant-for-netanyahu.Spencer Vuksic, “Sanctions Year in Review: How Sanctions Changed in 17 Charts,” Castellum.AI: https://www.castellum.ai/insights/2024-sanctions-year-in-review.Vin Weber, “What Africa can expect under a second Trump administration: A focus on the ‘numbers’,” Atlantic Council, Oct. 29, 2024: https://www.atlanticcouncil.org/blogs/africasource/what-africa-can-expect-under-a-second-trump-administration-a-focus-on-the-numbers/
