Tag Archives: freeze

EU Renews Its Sanctions Relating to Human Rights Violation in Iran Until 13 April 2017

The restrictive measures impose an asset freeze and travel ban on the listed individuals and entities and also ban exports of any apparatus with the potential to be used for internal repression or telecommunication monitoring. The EU’s sanctions relating to Iranian human rights concerns did not fall under the Joint Comprehensive Plan of Action (JCPOA), and so were not part … Continue Reading

EU Renews Its Sanctions Against Bosnia and Herzegovina Until 31 March 2017

The measures include an asset freeze and travel ban on listed individuals and entities believed to be undermining its sovereignty and territorial integrity, posing a serious threat to the Bosnian security situation, or to be taking part in activities that undermine the Dayton/Paris Peace Agreement. Council Decision 2016/477 amends Decision 2011/173/CFSP.… Continue Reading

The EU Reviewed its Current Sanctions Against Zimbabwe

Following the annual review of the EU’s sanctions against Zimbabwe, restrictive measures against 78 individuals and eight entities for whom sanctions had previously been suspended, have now been lifted. The EU Council renewed the remaining sanctions for an additional year; these will now remain in place until 20 February 2017. The measures include an asset freeze and travel ban … Continue Reading

ICC, LCIA and SCC Issue Guidance on the Impact of EU Sanctions on Arbitration Administered by Institutions Based in the EU

The guidance notes that although the sanctions may engender additional procedural steps, they do not prevent parties from referring their arbitral disputes to EU-based institutions. The paper observes that “these sanctions do not result in a substantial change in the administration of arbitral proceedings”. However, it cautions that there are situations where an arbitration involves … Continue Reading
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