Auditors ✓ Lawyers ✓ Tax advisors ✓ and business consultants ✓ : Four perspectives. One solution. Worldwide. Learn …
Auditing and audit-related advice for companies ✓ Experienced auditors ✓ Excellent advice ✓ Tailor-made solutions » …
Our clients entrust us with their most important legal matters. Learn more about our legal services!
Tax laws are complex and dynamic. We face the challenge of tax law together with you - find out more.
Business consulting for companies ✓ Experienced consultants ✓ Excellent advice ✓ Tailor-made solutions » more
Emergency planning in the family business: Regulating responsibility in good time
BFH: No Clarity on Statutory Requirement under § 57 (3) AO
BFH doubts gift tax in the case of disproportionate contribution
New Partner in Real Estate Valuation: Baker Tilly Expands Advisory Services
EU “Omnibus” Package: Less effort for sustainability reporting?
Baker Tilly starts the year 2025 with 23 new Directors
Draft bills on Germany’s infrastructure fund: what matters after this strong signal
How far can the rights of a criminal defense insurer extend?
“Best Lawyers”: 22 Baker Tilly experts honored
Survey: Two thirds of German automotive suppliers anticipate a market shakeout
Regulating the Future: Web3 & Crypto
NIS-2 and no end in sight: implementation in Germany delayed further
Cross-industry expertise for individual solutions ✓ Our interdisciplinary teams combine expertise & market …
Transparency requirement for electricity and gas concession selection procedures
Baker Tilly advises biotech startup Real Collagen GmbH investment by US investor
Risk management ✓ Compliance and controls ✓ Increase and ensure security & conformity ✓ more»
Baker Tilly offers a wide range of individual and innovative consulting services. Find out more!
The EU is tightening sanctions against Russia: the 17th package targets the shadow fleet, military companies and exports. The next package of measures is already underway.
Last Tuesday, May 20, 2025, the EU member states put the 17th sanctions package against Russia into force. The package once again focuses on the Russian shadow fleet, which is used to circumvent the oil price cap on Russian oil. A total of 189 additional ships are included on the sanctions lists, which brings the total number to 342. The ships were identified together with the member states and the European Maritime Safety Agency (EMSA). In addition, targeted sanctions will be imposed on those involved in facilitating the shadow fleet.
Further sanctions are imposed on companies in the military and energy sectors, among others. In addition, organizations and private individuals involved in circumventing the Russia embargo are affected by individualized measures. All of these measures also affect companies from third countries such as the United Arab Emirates, Hong Kong and Turkey.
The goods embargo will also be extended. Trade in goods intended for use for military purposes in Russia will be further restricted. In particular, this affects chemical raw materials such as sodium and potassium chlorate as well as aluminum, magnesium and boron powder, and spare parts and components for CNC machine tools.
The 18th package of sanctions against Russia is already being planned, but it remains to be seen to what extent the member states can reach an agreement on further measures.
Here you will find an overview of what has been decided in the 16th sanctions package.
Mareike Höcker
Manager
Attorney-at-Law (Rechtsanwältin)
Sebastian Billig
Partner
Attorney-at-Law (Rechtsanwalt)
Contact now
Contact us
View all news