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Canada Imposes Additional Sanctions Against Haitian Elites: 2 Individuals Targeted

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On 23 March 2023, Canada announced amendments to the Special Economic Measures (Haiti) Regulations in response to “acts that threaten the peace, security, and stability of Haiti.” These amendments list an additional two individuals under the Schedule of the Regulations and took effect on 23 March 2023.

There are now nineteen individuals listed under the Schedule of the Regulations. All of the newly listed individuals are members of the economic and political elite who have “engaged in activities such as orchestrating attacks as well as providing support, particularly in the form of weapons to gangs.

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In Sanctions

Canada Further Sanctions Iranian Regime: 8 Individuals and 2 Entities Targeted

by and 3 Mins Read

On 27 March 2023, Canada announced further amendments to the Special Economic Measures (Iran) Regulations in response to Iran’s “gross and systematic violations of human rights and ongoing grave breach of international peace and security.” These amendments list an additional eight individuals and two entities under Schedule 1 of the Regulations and entered into force on 23 March 2023.

In Sanctions

United States: OFAC issues guidance for authorized transactions related to earthquake relief efforts in Syria

by , and 2 Mins Read

On 21 February 2023, the US Department of the Treasury’s Office of Foreign Assets Control issued OFAC Compliance Communique: Guidance on Authorized Transactions Related to Earthquake Relief Efforts in Syria. The Guidance responds to specific questions OFAC received related to earthquake relief efforts in Syria and explains how to provide humanitarian assistance to the Syrian people in compliance with US sanctions.

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In Sanctions

UK: OFSI updates monetary penalties guidance to address issues of ownership and control

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The UK Office of Financial Sanctions Implementation (OFSI) has updated its guidance on enforcement and monetary penalties for breaches of financial sanctions, to include a number of paragraphs setting out OFSI’s expectations around the nature and type of due diligence that companies should undertake when assessing whether an entity is owned or controlled by one or more designated persons, for sanctions purposes.

In Sanctions

United States: Publication of compliance note warning of Russian evasions of export controls and sanctions

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Baker McKenzie’s Sanctions Blog published the alert titled BIS, DOJ and OFAC publish compliance note warning public of Russian evasions of export controls and sanctions on 10 March 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.

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