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Foreign Policy Sanctions

Skadden, Arps, Slate, Meagher & Flom LLP

‘America First Investment Policy’ Aims To Reshape CFIUS and ‘Reverse CFIUS’

On February 21, 2025, the White House released President Donald Trump’s “America First Investment Policy” memorandum (Investment Policy), which outlined several initiatives to incentivize investment from U.S. allies and...more

Mayer Brown

UK Weekly Sanctions Update - Week of February 3, 2025

Mayer Brown on

In this weekly update, we summarise the most notable updates in the UK sanctions world. Counter-Terrorism Sanctions - UK charity director charged for breaching the Counter-Terrorism Sanctions Regulations: On February 6, 2025,...more

Seward & Kissel LLP

President Trump Seeks “Maximum Pressure” on Iran Through Expansion of Sanctions Targeting Iran’s Oil Exports

Seward & Kissel LLP on

As has been widely reported, the U.S. policy of “maximum pressure” towards Iran has returned. On February 4, 2025, the Trump administration (the “Administration”) issued a national security memorandum (the “Memorandum”)...more

Woods Rogers

Designating Cartels as Terrorists: Potential Impact on U.S. Businesses

Woods Rogers on

On his first day in office, President Trump signed an executive order (EO 14157) that sets in motion the designation of certain cartels and transnational crime gangs as terrorist organizations. The President declared a...more

K&L Gates LLP

EU Sanctions—Article 8a “Best Efforts” Explained

K&L Gates LLP on

On 24 June 2024, the European Union (EU) implemented its 14th package of sanctions against Russia to combat its continued aggression against Ukraine. A notable addition was made to Article 8a of Council Regulation (EU) No...more

Blake, Cassels & Graydon LLP

Droit politique : Comment se conformer aux règles et aux exigences en évolution dans un environnement complexe

Les entreprises qui font affaire avec le secteur public canadien sont assujetties à un nombre croissant d’obligations de conformité en raison de l’évolution des règles relatives à l’intégrité des fournisseurs, à l’influence...more

Akin Gump Strauss Hauer & Feld LLP

National Security Presidential Memorandum/NSPM-2 (Trump EO Tracker)

Imposes maximum pressure on the Iranian regime to end its nuclear threat, curtail its ballistic missile program, and stop its support for terrorist groups. Relevant Secretaries are required to impose and enforce sanctions,...more

J.S. Held

Engaging With Chinese Companies: Managing ‘Proxy Sanctions’ Risk

J.S. Held on

We are entering a year of acute political risk for international trade, with a high likelihood that the Trump administration will hit China with punitive tariffs and increased export controls. Against the backdrop of trade...more

Pillsbury - Global Trade & Sanctions Law

Framework for Collaboration Between U.S. and UK Sanctions Authorities

Earlier this week, the U.S. Office of Foreign Assets Control (OFAC) and the UK Office of Financial Sanctions Implementation (OFSI) published a Memorandum of Understanding (MoU), which was previously signed on October 9, 2024,...more

Akin Gump Strauss Hauer & Feld LLP

Initial Rescissions of Harmful Executive Orders and Actions

The Order rescinds executive orders from the Biden administration that are contrary to the values President Trump has supported in his campaign. The revocations focus on the Covid-19 pandemic, use of diversity, equity &...more

ArentFox Schiff

OFAC Relaxes Sanctions Against Post-Assad Syria – For Now

ArentFox Schiff on

The US government signals careful optimism with a new general license authorizing some previously prohibited transactions, including many (but not all) transactions with Syrian governing institutions, for the next six months....more

McDermott Will & Emery

Quarterly Sanctions Update | Q1 2024

The European Union and the United Kingdom continue to tighten sanctions against Russia, particularly in the wake of the second anniversary of Russia’s invasion of Ukraine and the sudden death of Russian opposition leader...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Publishes First Sanctions Strategy and New Licensing Guidance

On 22 February 2024, shortly before the second anniversary of Russia’s invasion of Ukraine, the UK government published its first sanctions strategy (the Strategy). The Strategy explains the UK’s use and implementation of...more

A&O Shearman

EU sanctions and the no re-export to Russia requirements

A&O Shearman on

Who has to comply with the Regulation? The Regulation only applies to EU person exporters who are selling, supplying, transferring, or exporting the targeted goods (including aircraft) to third-country counterparts outside of...more

Bennett Jones LLP

UPDATED Canadian Sanctions Targeting Russia, Belarus and Separatist Territories in Ukraine Expanded in Response to the Russian...

Bennett Jones LLP on

On February 21, 2022, Russia formally recognized the purported independence of two regions in Eastern Ukraine, Donetsk and Luhansk. The next day it ordered Russian troops into the separatist-occupied territories, and the...more

Bennett Jones LLP

New Canadian Economic Sanctions "Deemed Ownership" Rule Now in Force

Bennett Jones LLP on

On June 22, 2023, Budget Implementation Act, 2023, No. 1 (formerly Bill C-47) received Royal Assent. Among the various other measures in this omnibus bill, the Act made significant amendments to Canada's autonomous sanctions...more

Bennett Jones LLP

UPDATED Canadian Sanctions Targeting Russia, Belarus and Separatist Territories in Ukraine Expanded - May 2023

Bennett Jones LLP on

On February 21, 2022, Russia formally recognized the purported independence of two regions in Eastern Ukraine, Donetsk and Luhansk. The next day it ordered Russian troops into the separatist-occupied territories, and the...more

A&O Shearman

Russian Countersanctions: New Measures Targeting Foreign Investors in Russia

A&O Shearman on

Fourteen months into the Ukraine war, the Russian Government has introduced new countersanctions targeting foreign investors in Russia. The latest measures require businesses from “unfriendly” countries to make a “voluntary...more

Bennett Jones LLP

Canadian Government Introduces Legislation to Add Sanctions 50% Rule and Update Rules on Ownership and Control

Bennett Jones LLP on

On April 20, 2023, Canada's federal government introduced Bill C-47, An Act to implement certain provisions of the budget tabled in Parliament on March 28, 2023. Among the numerous legislative changes contained in this...more

Orrick, Herrington & Sutcliffe LLP

OFAC sanctions additional persons connected to Burma’s military regime

On March 24, pursuant to Executive Order 14014, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions against two individuals and six entities connected to Burma’s military regime. ...more

Orrick, Herrington & Sutcliffe LLP

OFAC issues Venezuela-related general license for some transactions

On January 9, the U.S. Treasury Department’s Office of Foreign Assets Control issued Venezuela-related General License (GL) 31B, “Certain Transactions Involving the IV Venezuelan National Assembly and Certain Other Persons.”...more

Morgan Lewis

Update: EU Introduces Its 8th Wide-Ranging Sanctions Package Against Russia

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The European Union adopted its 8th sanctions package of restrictive measures against Russia on 6 October 2022 in response to the ongoing conflict in Ukraine. ...more

A&O Shearman

Sanctions Round Up: Second Quarter 2022

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With the war in Ukraine raging on, the U.S. continued to escalate its sanctions response against Russia. The U.S. announced extensive trade and investment bans that prohibit U.S. persons from making any “new investment” in...more

Bennett Jones LLP

UPDATED Canadian Sanctions Targeting Russia, Belarus and Separatist Territories in Ukraine Expanded - July 2022

Bennett Jones LLP on

On February 21, 2022, Russia formally recognized the purported independence of two regions in Eastern Ukraine, Donetsk and Luhansk. The next day it ordered Russian troops into the separatist-occupied territories, and the...more

A&O Shearman

Sanctions Round Up: First Quarter 2022

A&O Shearman on

The world’s response to Russia’s invasion of Ukraine dominated the first quarter of 2022, as the US and its international partners coordinated efforts to impose unprecedented sanctions designed to isolate the Russian...more

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