OFSI, part of the HM Treasury, working toward ensuring that financial sanctions are properly implemented and enforced in the UK, has updated numerous financial sanctions that are currently in force. The recent updates are for financial sanctions in the following regions and industries: ISIL/Da’esh and Al-Qaida Organizations Nicaragua Venezuela Central African Republic Ukraine – Sovereignty and Territorial Integrity Syria Libya … Continue Reading
On August 10, the Council of EU amended its sanctions against South Sudan. This amendment clarifies the scope of limitations imposed on exports of military goods to South Sudan (Council Decision (CFSP) 2018/1125 and Council Regulation (EU) 2018/1116).… Continue Reading
Following the extreme violence and fighting in July 2016, the EU’s High Representative, Federica Mogherini, issued a declaration on South Sudan. The EU reiterates its call on all South Sudanese parties to implement the Agreement on the Resolution of the Conflict in good faith. The declaration is clear that the EU remains ready to impose sanctions against any individual responsible … Continue Reading