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Tine Elisabeth Vigmostad

Further US Trade Restrictions and Export Controls Amidst Ongoing Trade War with China

25.04.2025

Navigating Tariffs, Geopolitical Shifts and Changing Business Landscapes

In this update, we provide a key overview of the recent developments within tariffs and trade restrictions, in light of the current geopolitical landscape and discuss implications for businesses, alongside strategies for navigating these challenges moving forward.

26.03.2025

Top ranked across all 20 practice areas in Legal 500

The results from Legal 500 EMEA 2025 is here and we are honoured to be ranked as Tier 1 in the following areas:

20.03.2025

All-time high results in Chambers Europe 2025

We are truly happy about this important and acknowledged recognition. This is a team effort to which the whole of Wikborg Rein has contributed, and we are truly happy with these results!

24.02.2025

Three years of war: New sanctions adopted by the EU and the UK

As anticipated, the European Union has reached an agreement on its 16th sanctions package against Russia, and the UK has announced its largest package of sanctions against Russia since 2022. The new measures aim to intensify pressure on the Kremlin on the day of the third anniversary of Russia's full-scale invasion of Ukraine. This package highlights the EU and UK's continued commitment to weakening Russia's war capabilities and supporting Ukraine, despite the concerns regarding the US' potential pressure on the EU the alleviate sanctions against Russia.

13.02.2025

Wikborg Rein top ranked in Chambers Global 2025

It is with great pleasure that we announce that once again we have been top-ranked in the prestigious Chambers Global rankings. We deeply appreciate this recognition from our clients, which confirms that they regard us as one of the leading players in the industry.

24.01.2025

Inviterer til sanksjons- og hvitvaskingsdagen 2025

Den 13. februar åpner vi dørene på Nasjonalmuseet for Sanksjons- og hvitvaskingsdagen - med myndigheter, eksperter og sentrale bransjeaktører på scenen. Seminaret vil også streames direkte.

14.01.2025

The US introduces extensive measures targeting the Russian energy sector and oil revenues

On Friday 10 January 2025, the US introduced extensive measures targeting the Russian energy sector and Russia's oil revenues. The measures include the designation of 183 vessels, many of which are deemed to be part of the Russian shadow fleet, as well as oil traders, oilfield service providers, marine insurance companies and energy officials. The UK also joined the US in sanctioning the two major Russian oil producers Gazprom Neft and Surgutneftegas.

18.12.2024

Updates on latest sanctions developments in the Iranian and Venezuelan sanctions programmes

In this sanctions alert, we seek to summarise some recent developments relating to US and EU sanctions.

16.12.2024

The EU's 15th package adopted today and latest developments in the EU, UK and US Russia sanctions programmes

The EU today adopted the 15th package of sanctions against Russia. We include a key summary of these new measures as well as further updates on recent developments relating to Norwegian, EU, UK and US sanctions.

09.10.2024

New EU sanctions framework under the Russia regime and entry into force of UK framework for enforcement of trade, aircraft and shipping sanctions

Yesterday, on 8 October 2024, the EU Council established a new framework under the Russia sanctions regime in response to hybrid threats from Russia. Tomorrow, 10 October 2024, will see the entry into force of the UK's new framework for enforcement of trade, aircraft and shipping sanctions.

07.10.2024

Expanded Norwegian export controls for critical goods and technologies and updates to the EU Dual-Use List

The Norwegian Ministry of Foreign Affairs recently announced significant amendments to the Export Control Regulations and introduced a new Annex of additional controlled goods. Additionally, several EU Member States have imposed unilateral export controls, and we note that the EU Dual-Use List has recently been updated.

12.09.2024

Tier 1 in all IFLR1000 Categories

We are delighted to announce that we have once again been awarded Tier 1 in all five categories in the International Financial Law Review (IFLR1000).

24.06.2024

New package of sanctions from the EU and US, and other recent developments

In this sanctions alert we provide an update on recent developments in the EU, UK and US sanctions against Russia.

18.04.2024

Recent developments, including new US sanctions restricting imports of aluminium, copper and nickel and wind-down of General License on Venezuela

In this sanctions alert we seek to summarise recent developments relating to Norwegian, EU, UK and US sanctions, including US and UK prohibitions on import of certain Russian-origin metals, wind-down of transactions related to oil and gas sector operations in Venezuela, EU's minimum rules for prosecution of and penalties for violating EU sanctions, and the implementation of the EU's 12th and 13th package of sanctions against Russia into the Norwegian Ukraine Regulation.

14.03.2024

Last ned vår krisehåndteringsapp

Wikborg Reins Krisehåndteringsverktøy er nå klart for nedlasting. Verktøyet gir praktisk, umiddelbar og trinnvis veiledning i tilfelle ulike typer kriser oppstår som følge av uanmeldte inspeksjoner og kontroller fra politiet eller andre offentlige myndigheter.

13.03.2024

Sanctions issued following the two-year anniversary of the invasion

In this sanctions alert, we include updates on recent developments following the two-year anniversary of the Russian invasion of Ukraine.

15.02.2024

Are all state-owned Russian companies controlled by President Putin?

This was a question many asked after a recent judgment from the English Court of Appeal. Sanctions target those designated as well as those owned or controlled by designated persons. Understanding the precise scope of what constitutes ‘control’ under UK sanctions can be challenging. In this article we shed some light on this analysis, based on recent case law.

15.02.2024

Enforcing an award contrary to sanctions, an issue of ’public policy’?

The past few years have illustrated with a vast intensity the relevance of international sanctions for an ever expanding number of businesses and sectors. This backdrop has also led to a significant increase in sanctions related disputes, which in turn has led to discussions regarding enforcement of arbitral awards that contravene applicable sanctions.

15.02.2024

The Crackdown on Price Cap Evasion and the BIMCO Russian Oil Price Cap Scheme Clause for Charter Parties

The BIMCO Russian Oil Price Cap Scheme Clause was long-anticipated when it was published on 2 June 2023. There has since been growing concern that the original Price Cap Measures were easy to circumvent, and in this article we examine the impact of the latest measures to combat such evasion.

02.02.2024

Inviterer til sanksjons- og hvitvaskingsdagen 2024

15. februar åpner vi dørene på Nasjonalmuseet for Sanksjons- og hvitvaskingsdagen 2024 - med både amerikanske sanksjonsmyndigheter (OFAC), amerikanske eksportkontrollmyndigheter (BIS), EU-kommisjonen, norske myndigheter og representanter fra næringslivet blant foredragsholderne. Seminaret vil også streames direkte.

24.01.2024

EU recent developments

The EU Council established a new sanctions framework targeting Guatemala. A new framework is also established by the EU for imposing restrictive measures against those who support, facilitate or enable violent actions by Hamas and the Palestinian Islamic Jihad.

19.12.2023

EU adopts 12th package of sanctions against Russia

The long-awaited 12th package of sanctions against Russia over its invasion of Ukraine was announced yesterday afternoon on the 18th of December. As expected, the package includes restrictions on additional goods of Russian origin, including diamonds, measures to strengthen the price cap on Russian oil and a significant amount of new designated individuals and entities.

26.10.2023

Collaborative report on use of sanctions as a human rights instrument and effectiveness of sanctions against Russia

A report published on 26 October 2023 outlines the increasing use of sanctions as a tool for protecting human rights, while highlighting the gaps in enforcement of sanctions against Russia, with a focus primarily on Europe. The report is a collaborative product by the Norwegian Helsinki Committee and risk analysis company Corisk, with contributions from Wikborg Rein and consultancy agency Rud Pedersen.

24.10.2023

EU recent developments – new sanctions framework for Niger, preparation for EU’s 12th package of sanctions targeting Russia

In this Sanctions Alert, we provide an update on recent developments in the EU, more specifically the EU’s new framework for Niger and the preparation for the EU’s upcoming 12th package of sanctions against Russia.

23.10.2023

The US introduces Venezuela sanctions relief

On 18 October 2023, OFAC issued three new general licenses and amended three existing general licenses related to Venezuela in response to the signing of an electoral roadmap agreement between the Venezuela Unitary Platform and the Maduro regime. These actions by the US introduces, among other things, a sanctions relief for the Venezuelan oil and gas sector and gold sector in support of the Venezuelan people. OFAC also published related FAQs.

20.10.2023

UK recent developments

In this article, we summarise the following recent developments relating to UK sanctions:

13.10.2023

EU recent developments – new sanctions framework for Sudan

On 9 October 2023, the Council of the European Union adopted a new sanctions framework to impose sanctions against those undermining the stability and political transition of Sudan.

10.10.2023

Recent developments in EU and UK sanctions

Over the past few weeks, there have been a number of developments relating to EU and UK sanctions. In this article, we summarise the following recent developments:

25.07.2023

Recent developments: Russia-related sanctions

Over the past few weeks, there have been a number of developments in the Norwegian, EU, UK and US sanctions regimes relating to Russia. In this article, we summarise the following recent developments:

29.06.2023

New asset freeze guidance from the Norwegian Ministry of Foreign Affairs

Earlier today, the Norwegian Ministry of Foreign Affairs (the "MFA") published an updated guidance on asset freeze measures. The guidance was originally published in 2018, and today's update adds additional guidance and reflects recent developments in legislation.

22.06.2023

EU adopts 11th package of sanctions against Russia. Developments in UK sanctions against Russia and Belarus

The long-awaited 11th package of sanctions against Russia over its invasion of Ukraine was announced earlier today, after EU ambassadors reached a consensus earlier this week. As expected, the package seeks to strengthen existing sanctions and crack down on circumvention.

24.05.2023

Russia sanctions: further US and UK designations, expansion of US authorities, UK announces ban on Russian-origin diamonds, copper, aluminium and nickel

On 19 May 2023, coinciding with the first day of the G7 Summit in Hiroshima, both the US and the UK announced several new sanctions designations. In addition, the US has expanded sanctions authorities targeting certain sectors of the Russian economy and banned export of architecture and engineering services to Russia, and the UK has announced coming bans on Russian diamonds, copper, aluminium and nickel.

16.05.2023

EU adopts Moldova sanctions regime, US widens sanctions on Sudan

In recent weeks, the EU established a new sanctions regime in response to the situation in Moldova, and the US has expanded the scope of its Sudan regime.

05.05.2023

Recent developments in UK sanctions on Russia

In recent weeks, the UK has expanded on its existing trade restrictions on Russia, added further designations to the consolidated sanctions list, published and updated various sanctions related guidance documents, imposed trust services bans in respect of all persons already subject to asset freeze measures and published its Economic Crime Plan for 2023-2026.

25.02.2023

EU adopts tenth package of sanctions on Russia

Close to midnight on Friday 24 February, the Council reached a consensus on the tenth package of sanctions on Russia. The new sanctions coincided with the commemoration of one year since the full-scale invasion and war of aggression against Ukraine.

23.02.2023

Fylte Nasjonalmuseet med sanksjoner og hvitvasking på agendaen

Under vignetten «Nye muligheter – Norge mot 2030» arrangerer Wikborg Rein fagseminarer gjennom vårt 100-årsjubileum i 2023 der vi belyser viktige temaer for næringslivet, og staker ut kursen videre. Først ut i år var sanksjoner og hvitvasking.

23.02.2023

US and UK impose new sanctions on Russia

Earlier today, on 24 February 2023, one year after Russia's full scale invasion of Ukraine began, the US and the UK imposed further sanctions on Russia. As of yet, no consensus has been reached on the EU's tenth package of sanctions.

06.02.2023

Agreement on price cap on Russian petroleum products

On 5 February 2023, the price cap policy for Russian petroleum products took effect in the G7 countries, as well as in the EU and Australia (members of the so-called Price Cap Coalition). The price caps have been set to (i) USD 45 per barrel for petroleum products traded at a discount to crude oil, and (ii) USD 100 per barrel for petroleum products traded at a premium to crude.

15.12.2022

EU adopts ninth package of sanctions on Russia, UK imposes new financial and trade sanctions on Russia, Norway implements price cap on Russian crude oil

Earlier today, the 16 December 2022, the Council of the EU adopted a new, ninth package of sanctions on Russia. The UK has also adopted new financial and trade sanctions on Russia, and Norway has implemented the price cap policy on Russian crude oil. In addition, both the UK and the US have designated additional entities and individuals.

12.12.2022

The year of sanctions – some lessons learnt

The massive and unprecedented sanctions imposed against Russia have required significant efforts to manage the risks and impact of sanctions, particularly in view of creative attempts to circumvent by some parties. In this article we explain why you should update your sanctions clause, and how to ensure that it is fit for purpose.

08.12.2022

European Commission announces ninth package of sanctions on Russia

On 7 December 2022, president of the European Commission Ursula von der Leyen, outlined a proposal for a ninth package of sanctions.

04.12.2022

Agreement on price cap on Russian crude oil

Today, the fifth of December 2022, the G7 price cap policy for Russian crude oil takes effect. The price cap has been set to 60 dollars per barrel.

30.11.2022

New EU sanctions regime on Haiti and EU Council adds sanctions violations to list of 'EU crimes'

On 25 November 2022, the EU introduced for the first time a sanction regime on Haiti, aimed in particular at gang leaders and their financiers held responsible for the current security and humanitarian crisis in Haiti. In addition on 28 November 2022, the EU Council adopted a decision to add the violation of restrictive measures to the list of 'EU crimes'.

23.11.2022

New Russia-related sanctions

In light of Russia's escalating war against and illegal annexation of Ukraine, there have recently been developments to the Norway, UK and US sanctions regimes on Russia, as well as further sanctions designations from the EU, since our last update. In addition, G7 members have updated on the upcoming price cap exemption for the maritime transportation of Russian oil and oil products to third countries.

Navigating Tariffs, Geopolitical Shifts and Changing Business Landscapes

Top ranked across all 20 practice areas in Legal 500

All-time high results in Chambers Europe 2025

Three years of war: New sanctions adopted by the EU and the UK

Wikborg Rein top ranked in Chambers Global 2025

Inviterer til sanksjons- og hvitvaskingsdagen 2025

The US introduces extensive measures targeting the Russian energy sector and oil revenues

Updates on latest sanctions developments in the Iranian and Venezuelan sanctions programmes

The EU's 15th package adopted today and latest developments in the EU, UK and US Russia sanctions programmes

New EU sanctions framework under the Russia regime and entry into force of UK framework for enforcement of trade, aircraft and shipping sanctions

Expanded Norwegian export controls for critical goods and technologies and updates to the EU Dual-Use List

Tier 1 in all IFLR1000 Categories

New package of sanctions from the EU and US, and other recent developments

Recent developments, including new US sanctions restricting imports of aluminium, copper and nickel and wind-down of General License on Venezuela

Last ned vår krisehåndteringsapp

Sanctions issued following the two-year anniversary of the invasion

Are all state-owned ­Russian ­companies controlled by ­President Putin?

Enforcing an award ­contrary to sanctions, an issue of ’public policy’?

The Crackdown on Price Cap Evasion and the BIMCO Russian Oil Price Cap Scheme Clause for Charter Parties

Inviterer til sanksjons- og hvitvaskingsdagen 2024

EU recent developments

EU adopts 12th package of sanctions against Russia

Collaborative report on use of sanctions as a human rights instrument and effectiveness of sanctions against Russia

EU recent developments – new sanctions framework for Niger, preparation for EU’s 12th package of sanctions targeting Russia

The US introduces Venezuela sanctions relief

UK recent developments

EU recent developments – new sanctions framework for Sudan

Recent developments in EU and UK sanctions

Recent developments: Russia-related sanctions

New asset freeze guidance from the Norwegian Ministry of Foreign Affairs

EU adopts 11th package of sanctions against Russia. Developments in UK sanctions against Russia and Belarus

Russia sanctions: further US and UK designations, expansion of US authorities, UK announces ban on Russian-origin diamonds, copper, aluminium and nickel

EU adopts Moldova sanctions regime, US widens sanctions on Sudan

Recent developments in UK sanctions on Russia

EU adopts tenth package of sanctions on Russia

Fylte Nasjonalmuseet med sanksjoner og hvitvasking på agendaen

US and UK impose new sanctions on Russia

Agreement on price cap on Russian petroleum products

EU adopts ninth package of sanctions on Russia, UK imposes new financial and trade sanctions on Russia, Norway implements price cap on Russian crude oil

The year of sanctions – some lessons learnt

European Commission announces ninth package of sanctions on Russia

Agreement on price cap on Russian crude oil

New EU sanctions regime on Haiti and EU Council adds sanctions violations to list of 'EU crimes'

New Russia-related sanctions

Are all state-owned Russian companies controlled by President Putin?

Enforcing an award contrary to sanctions, an issue of ’public policy’?