In this issue:

- US Authorities End Quarter Full of Enforcement Actions with $8.9 Billion BNP Settlement

- US and EU Make Numerous Ukraine-Related Designations as Separatist Aggression Continues

- US Demonstrates Commitment to Enforcing Iran Sanctions Despite Ongoing Negotiations Toward Final Nuclear Agreement

- US and EU Issue Additional Syria Sanctions

- US Issues Targeted Sanctions to Address Violence in South Sudan

- US Utilizes Sanctions to Target Worldwide Human Rights and Democracy Abuses

- US Amends Iraq Sanctions

- US Continues to Update Sanctions Targeting Terrorist Activity

- US Makes Additional Kingpin Act Designations, plus One Major Deletion

- OFAC Upgrades Search Tool

- OFAC Issues Licensing Activity Report

- Excerpt from US and EU Make Numerous Ukraine-Related Designations as Separatist Aggression Continues:

Responding to ongoing separatist activity in Ukraine, seen as heavily supported by Russia, both the United States and the European Union have continued to target Russian and Ukrainian business and political figures and to threaten the issuance of sector-wide sanctions if Russia fails to seek diplomatic solutions with Ukraine. Such sanctions would likely include Russia’s energy sector and its banking industries. Still, the European Union indicated that it would stop short of such measures for now as it considered issuing additional sanctions targeting specific people or companies at the end of this quarter.

Please see full memo below for more information.

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Topics:  Enforcement, Enforcement Actions, EU, Human Rights, Russia, Sanctions, Ukraine

Published In: General Business Updates, Elections & Politics Updates, Energy & Utilities Updates, Finance & Banking Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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