Thursday, February 17, 2022

Russia-Ukraine: A closer look at potential sanctions and SEC disclosures

By Mark S. Nelson, J.D., and John M. Pachkowski, J.D.

As news about the tension at the Russia-Ukraine border continues to swirl, attorneys are looking to protect clients impacted by the situation. Hopes remain high for a peaceful resolution but if hostilities arise the U.S. would likely impose significant sanctions, and attention could turn to the adequacy of SEC disclosures from companies with interests in the region. In this analysis we look at the potential application of sanctions from the Office of Foreign Assets Control and Congress, consider SEC disclosure under Regulation S-K, issues specific to banks, oil & gas businesses, and M&A activity, and also look at the heightened threat of cyber attacks.

For comprehensive coverage of today’s news, go to the Securities Legal Research & News section of VitalLaw.