EU’s 20th Russia sanctions package widens the client-compliance perimeter

The European Commission announced a 20th package of Russia sanctions covering energy, shipping, trade, finance, anti-circumvention, crypto/digital rouble issues, shadow-fleet vessels, 120 additional listings, 60 entities, 20 additional Russian banks, and new export and import bans. For law firms and in-house teams, the key point is operational breadth: sanctions advice now touches payment flows, shipping diligence, vendor screening, contract controls, transaction structuring and board risk reporting.