The Senate was in session last week, while the House of Representatives (“the House”) remained in recess in observance of the Martin Luther King holiday. Implementation Day of the Joint Comprehensive Plan of Action (JCPOA) with Iran took effect, as did a prisoner swap last week. Washington’s attention then quickly shifted to an impending historic … Continue Reading
On 16 September 2015, Ukrainian President Petro Poroshenko signed Decree No. 549/2015 issuing new economic sanctions targeting persons and entities supporting Russia’s annexation of Crimea and aggressions in the Donbass region of Eastern Ukraine. The decree, which is effective for one year, applies sanctions against 388 individuals and more than 105 entities, the preponderance being … Continue Reading
On 6 October, the Court of Justice of the European Union (CJEU) annulled the inclusion in the EU sanctions list of Yury Chyzh and companies linked to him in the Triple Group, as well as the Belarus football club Dinamo Minsk. The Court held that there was insufficient evidence that Mr Chyzh financially supports the … Continue Reading
The US Department of Commerce, Bureau of Industry and Security (BIS) has issued a final rule amending the Export Administration Regulations (EAR) by adding 29 persons to the Entity List. These persons have been determined by the US Government to be acting contrary to the national security or foreign policy interests of the United States … Continue Reading
EU candidate countries the former Yugoslav Republic of Macedonia, Montenegro, Serbia and Albania and potential candidate Bosnia and Herzegovina have aligned their national sanctions policies with the latest amendments to the EU sanctions in place with respect to Belarus and the Democratic People’s Republic of Korea. These countries have been joined by the EFTA countries … Continue Reading
On 14 September 2015, the Council of the EU voted to extend sanctions in respect of the actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine until March 2016. The sanctions, imposed by way of Regulation 269/2014 and Council Decision 2014/145/CFSP, were due to expire in September. They comprise EU-wide asset freezes as … Continue Reading
Montenegro and Albania both aligned themselves with the Decisions of the Council to extend the sanctions in place in response to the “illegal annexation of Crimea and Sevastopol” and in respect of the situation in Ukraine. EFTA countries, Iceland, Liechtenstein and Norway, have followed suit and extended their own sanctions regimes to match the extended … Continue Reading
On 5 June 2015, the European Council extended the asset freeze for three of the four individuals covered by the regime. Two of the individuals have had the asset freezes against them extended by nine months, with the third individual’s sanctions extended by four months. The fourth individual did not have sanctions extended as he … Continue Reading
