Tag Archives: human rights

OFAC Announces New Iran-Related Designations

On 4 January 2018, OFAC designated five Iran-based entities “subordinate to a key element of Iran’s ballistic missile program”. OFAC designated these entities pursuant to EO 13382 for being owned or controlled by Iran’s Shahid Bakeri Industrial Group (SBIG). The SBIG is listed in the Annex to EO 13382 and is currently sanctioned by the … Continue Reading

President Trump Issues Global Magnitsky Executive Order

On 20 December 2017, President Trump issued EO 13818, authorising the imposition of financial sanctions against designated persons determined to be directly or indirectly engaged in certain human rights abuses or corrupt acts around the world. OFAC subsequently released new Frequently Asked Questions and published updated designations.… Continue Reading

UK Implements EU’s Venezuela Sanctions Regime

On 6 December 2017, the Venezuela (European Union Financial Sanctions) Regulations 2017 entered into force in the UK. This regulation implements Council Regulation (EU) 2017/2063 of 13 November 2017 and provides for the imposition of restrictive measures on persons or entities considered to be involved in undermining democratic principles and the rule of law, as … Continue Reading

EU Adds Seven Venezuelan Officials to Restrictive Measures List

On 22 January 2018, the EU froze the assets of seven Venezuelan officials, notably including the Minister for Interior, the head of the Intelligence Service, the head of the National Electoral Council and the President of the Supreme Court of Justice. These individuals are considered by the EU to be “involved in the non-respect of … Continue Reading

Congress Introduces North Korea and Iran Sanctions Legislation

House lawmakers introduced a new bill, the Korean Interdiction and Modernization of Sanctions Act (H.R. 1644), that would expand existing sanctions targeting trade with the North Korean regime. Further, two new Iran sanctions bills were introduced in the House and Senate – the Iran Ballistic Missiles and International Sanctions Enforcement Act (H.R. 1698) and the … Continue Reading

Potential New EU Restrictive Measures on the Democratic Republic of Congo

In a press release published on 6 March 2017, the EU informs the Democratic Republic of Congo that it remains ready to impose new targeted sanctions as a result of the serious human rights violations that have recently occurred in Congo, the refusal of President Joseph Kabila to stand down at the end of his … Continue Reading

UK to Vote on “Magnitsky” Sanctions Against Human Rights Violators

UK Parliamentarians will be voting on the introduction of unilateral sanctions targeting human rights violators, under similar provisions as are in force in the US under the Magnitsky Act. Should the Magnitsky Agreement be passed, it would empower the UK government and private parties to apply to the UK High Court for the UK assets … Continue Reading

Administration Imposes Economic Sanctions Against North Korean Regime

On 6 July 2016, the US Treasury Department’s Offce of Foreign Assets Control (OFAC) added Kim Jong Un and 10 high-ranking officials of the North Korean government, and five North Korean entities, to the agency’s List of Specially Designated Nationals and Blocked Persons. The action follows the recent release of the US State Department’s “Report on Serious Human Rights Abuses … Continue Reading

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

US Office of Foreign Assets Control (OFAC) Implements New Economic Sanctions Against Burundi

OFAC has issued new regulations (at 31 C.F.R. Part 554) implementing the President’s Executive Order 13712, of 22 November 2015, imposing sanctions against Burundi. The sanctions consist of measures blocking property and interests in property of persons listed in or designated pursuant to Executive Order 13712, published in the Federal Register and incorporated into OFAC’s Specially Designated Nationals and Blocked … Continue Reading

Notice to Remaining Individuals Subject to Human Right Sanctions in Iran

The EU sanctions relating to human rights concerns in Iran did not fall under the Joint Comprehensive Plan of Action (JCPOA), and so were not part of the group of sanctions lifted in January this year. As such, the EU Council have now released a notice informing the 20 individuals that are subject to human … Continue Reading

Trade for All: EU Commission

On 14 October, the European Commission announced a new trade and investment strategy for the European Union: “Trade for All: Towards a more responsible trade and investment policy.” The strategy consists of a number of initiatives which are grouped under the headings of effectiveness, transparency, values and the EU’s programme of negotiations. As part of … Continue Reading
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