On 18 July 2025, the Council of the European Union (the “Council”) adopted its 18th package of economic sanctions against Russia, following extensive negotiations among the EU Member States. This latest package introduces new asset-freezing sanctions designations, and a wide range of trade restrictions targeting key sectors of the Russian economy, including significant new measures relating to the Russian energy and financial services sectors.

Click here to read the full alert on cov.com.

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Photo of David Lorello David Lorello

David Lorello is a partner in the firm’s London office and serves as a vice chair of the firm’s International Trade Controls Practice Group. David advises clients concerning a range of international regulatory, white collar, and commercial matters under both European and U.S.

David Lorello is a partner in the firm’s London office and serves as a vice chair of the firm’s International Trade Controls Practice Group. David advises clients concerning a range of international regulatory, white collar, and commercial matters under both European and U.S. laws. 

David is recognized in the leading peer review publications for his work on trade controls and anti-corruption compliance and investigations matters, with Chambers Global describing David as a “compliance authority” in those areas. He appeared as an expert commentator at the UK Parliament’s Select Committee’s inquiry into UK Arms Exports. David, alongside other experts, spoke about the potential impact of the UK’s withdrawal from the EU on strategic export controls and sanctions policies.

Anti-Corruption Compliance and Investigations

David regularly assists clients in investigating anti-corruption compliance issues arising under the U.S. Foreign Corrupt Practices Act (FCPA), the UK Bribery Act and other related U.S., UK, and European anti-bribery and anti-money laundering laws. David has particular experience in managing corporate investigations and developing anti-corruption compliance programs for companies operating in Europe, including coordinating advice concerning parallel risks under U.S. and European anti-corruption laws, advising clients concerning European criminal enforcement and debarment risks, and ensuring compliance with European data protection and workplace laws in the course of investigations and compliance matters.

David also regularly represents clients before the World Bank, and other international financial institutions, in debarment proceedings concerning allegations of corrupt practices in connection with contracts financed by those institutions. In addition, David advises clients concerning the commercial liability risks arising from corrupt practices, including private rights of action that may arise for parties that suffer losses as a result of corrupt practices.

Export Controls and Economic Sanctions

David regularly represents clients before the major agencies responsible for export controls and economic sanctions laws and regulations, both in the United States and European Union. He has assisted clients in export and sanctions licensing and compliance issues with regard to a variety of industries and products, including encryption and other computer technologies, satellites, oil and gas products, military items, and other goods and technology controlled for export due to national security reasons. David has extensive experience assisting clients in developing effective export compliance strategies, including preparing export license requests, voluntary self-disclosures and intra-company agreements as well as policies necessary to ensure export controls and economic sanctions compliance.

David has particular experience in assisting clients in economic sanctions matters relating to the financial services industry. He has represented financial services clients in various matters before U.S. and EU Member State regulators, and he has worked with financial services clients in developing tailored internal controls focused on economic sanctions compliance.

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Photo of Emanuel Ghebregergis Emanuel Ghebregergis

Emanuel Ghebregergis advises clients on international trade controls, foreign direct investment (FDI), environmental, social, and governance (ESG), and litigation matters under European and German laws.

In his international trade controls practice, Emanuel counsels multinational companies across various sectors, including the life sciences, energy…

Emanuel Ghebregergis advises clients on international trade controls, foreign direct investment (FDI), environmental, social, and governance (ESG), and litigation matters under European and German laws.

In his international trade controls practice, Emanuel counsels multinational companies across various sectors, including the life sciences, energy, and defense sectors on EU and UK economic sanctions and export controls requirements. He has extensive experience with major sanctions regimes involving Russia, Belarus, Iran, Syria, and Myanmar, as well as national-security–related export controls on dual-use and military goods. Emanuel regularly assists clients with export and sanctions licensing matters before BAFA and other EU Member State authorities and supports corporate and private equity clients in M&A transactions, including sanctions and export-controls due diligence, transaction risk assessments, and post-acquisition compliance integration.

Emanuel also advises on German foreign investment rules and works closely with cross-border deal teams to navigate German investment review processes. Emanuel also counsels companies on obligations under the German Supply Chain Due Diligence Act (LkSG), the Energy Efficiency Act, and other emerging EU-level sustainability and due-diligence frameworks. He also represents clients in German commercial and administrative litigation matters.

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Photo of Pauline Agius Pauline Agius

Pauline Agius is an associate in the firm’s Public Policy Practice group. With extensive work experience across the EU and APAC regions, Pauline helps clients navigate complex regulatory issues internationally. Her practice focuses on pharmaceutical and medical devices, energy, and infrastructure sectors.

Pharmaceutical…

Pauline Agius is an associate in the firm’s Public Policy Practice group. With extensive work experience across the EU and APAC regions, Pauline helps clients navigate complex regulatory issues internationally. Her practice focuses on pharmaceutical and medical devices, energy, and infrastructure sectors.

Pharmaceutical and medical devices: Pauline has helped clients raise Japanese Diet members’ awareness of the benefits of cannabis-derived medicine for people with severe Autism Spectrum Disorder and of the importance of access to non-invasive prenatal testing. Pauline counsels clients on the regulation of medical devices in the EU.
Energy: Pauline provided regulatory advice and assisted with a bid submission to the first ever offshore wind project off the coast of Japan. Pauline has project finance and project development experience, as part of which she advised on a number of solar, LNG and hydropower transactions across Southeast Asia, Africa and South America.
Infrastructure: Pauline provided regulatory advice and assisted with a bid submission for a prospective integrated resort – a first in Japan.

Pauline has an MBA from INSEAD, a degree in Accounting and Finance from LSE, and speaks fluent Mandarin and Japanese.

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Photo of Edwin Djabatey Edwin Djabatey

Edwin Djabatey is an associate in the London office. He advises on regulatory and compliance issues within, and at the intersection of, the firm’s financial services, technology, media, trade controls and white collar practices.

Reflecting an increasing trend in regulators looking beyond industry…

Edwin Djabatey is an associate in the London office. He advises on regulatory and compliance issues within, and at the intersection of, the firm’s financial services, technology, media, trade controls and white collar practices.

Reflecting an increasing trend in regulators looking beyond industry remits, Edwin acts on multi-disciplinary and cross-sectoral regulatory compliance matters. For example, he has advised global technology companies on operational resilience requirements imposed by financial services regulators.

Edwin has assisted clients on compliance matters and internal investigations – for instance, in the white collar context, concerning issues such as bribery, corruption, anti-money laundering, and fraud, and in the financial services context, concerning culture, conduct, and whistleblowing. He provides clients in the pharmaceutical, technology and energy industries with UK and EU sanctions and export controls advice. He also has experience advising clients in the technology and media industries on regulatory matters.

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