On the third anniversary of Russia's large-scale invasion of Ukraine, the EU has once again tightened its sanctions regime against Russia and Belarus. The most important amendments concern Regulation (EU) No 833/2014 (the Russia Regulation) and Regulation (EC) No 765/2006 (the Belarus Regulation). The respective amending Regulation (EU) 2025/395 and Regulation (EU) 2025/392 introduce additional and largely parallel restrictions on Russia and Belarus. While the extension of sanctions against the Russian “shadow fleet” or the import ban on Russian aluminium was already reported in the press, the sanctions package includes additional measures that deserve closer attention. We detail the most important aspects of these changes below.

Up until this point, there has been a strong emphasis on collaboration and unison for the EU and U.S. sanctions issued to address Russia’s aggression towards Ukraine. Now, while U.S. sanctions will not disappear overnight, there appears to be some increasing daylight in the approaches taken by the U.S. versus the EU, chiefly due to the new Trump administration’s dramatic shift in foreign policy and diplomacy. We provide highlights of the changed dynamics and potential trajectory for U.S. sanctions with respect to Russia below.

 On 26 February 2025, the European Commission presented its long-awaited Omnibus package, purportedly aimed at simplifying a range of EU regulations, with a particular focus on the Corporate Sustainability Reporting Directive (CSRD), the Corporate Sustainability Due Diligence Directive (CSDDD), and the Carbon Border Adjustment Mechanism (CBAM). The revisions respond to mounting pressure from businesses and governments, who argue that the current regulatory framework is overly complex and imposes excessive administrative burdens to ensure compliance.

Im Dickicht des Außenwirtschaftsrechts fliegt so manches Regelwerk „unter dem Radar“ – so auch die Verordnung (EU) 649/2012 (PIC-Verordnung) über die Aus- und Einfuhr gefährlicher Chemikalien. In dieser Ausgabe unserer ESG-Briefing-Reihe stellen wir die Anforderungen an den Ex- und Import gefährlicher Chemikalien im Überblick dar.

Organisation

Das Europäische Amt für Betrugsbekämpfung, abgekürzt OLAF nach der französischen Bezeichnung Office Européen de Lutte Anti-Fraude, ist ein Amt der Europäischen Kommission, das dem Kommissar für Steuern und Zollunion zugeordnet ist. Bei der Wahrnehmung seines Untersuchungsmandats handelt das OLAF jedoch völlig unabhängig. Es wird derzeit vom Generaldirektor Ville Itälä geleitet und ist in vier Direktionen untergliedert:

As previously announced, BLOMSTEIN is publishing a series of briefings introducing into European and German legal defence matters.

Today’s briefing focuses on regulatory topics that might occur in relation to the investment and ramp-up phase of startups. These issues refer to export control, public procurement and foreign direct investment control law.

New federal parliament elections are due to be held in Germany on 23 February 2025. In light of the multiple international challenges, national security and defence is one of the key issues. This briefing provides an overview of the content of the election manifestos of the main political parties on the topics of the Bundeswehr, its financing and the defence industry.

Last week it became official: Germany’ will not implement the Directive (EU) 2022/2555 (known as the NIS-2 Directive) to improve cybersecurity in the EU under the current administration. See below for some guidance on what that means:

Am 15. Januar ist das 4. Maßnahmenpaket zur Beschleunigung und Optimierung der Exportkontrollverfahren des Bundeministeriums für Wirtschaft und Klimaschutz (BMWK) und des Bundesamts für Wirtschaft und Ausfuhrkontrolle (BAFA) in Kraft getreten. Zielsetzung des Maßnahmenpaketes ist es, durch die Erweiterung bestehender bzw. die Einführung neuer allgemeiner Genehmigungen zur Ausfuhr bzw. Verbringung bestimmter Rüstungs- und Dual-Use-Güter die Anzahl anhängiger Genehmigungsanträge beim BAFA deutlich zu verringern. Zugleich sollen jene Anträge, die eine umfassende Einzelfallprüfung erfordern, schneller bearbeitet werden.

The European economy is under mounting pressure from China's rapid technological advances and industrial policy, trade uncertainties linked to the new Trump administration in the USA, and growing geopolitical instability, which impact the competitive landscape in several global markets and increase disruption risks in supply chains. In this challenging economic and political climate, enhancing the competitiveness of European businesses and reinforcing the resilience of the Single Market have become key political priorities, as outlined in the European Council's Budapest Declaration on the New European Competitiveness Deal.

Donald Trump is once again president of the United States. Reactions and expectations range from optimism, driven by hopes for an anti-regulatory agenda, to fears of a trade war with China. While it is a common refrain that uncertainty is bad for business, Trump has practically made unpredictability his trademark. In some cases, events can happen so quickly that they pass each other by the hour; a rate announced one day may be temporarily suspended the next. He has made it clear repeatedly that one of his priorities during his second term would be to protect the US economy and combat the US trade deficit. Time and again, the newly sworn-in president has publicly emphasised that he will not shy away from using trade policy measures to achieve domestic and foreign policy goals.