Effective October 28, 2022, Canada implemented additional sanctions against Iran due to its “ongoing gross and systematic human rights violations and continued actions to destabilize regional peace and security.” An additional four individuals and two entities have been listed under Schedule 1 of the Special Economic Measures (Iran) Regulations (the “Regulations”). Generally speaking, listing under Schedule 1 of the Regulations imposes a dealings prohibition, effectively an asset freeze, against the listed person. Any person in…
On October 28, 2022, Canada announced additional sanctions related to Russia, targeting thirty-five senior officials of already sanctioned energy entities, including those of Gazprom and its subsidiaries, as well as six entities in the energy sector. These parties are believed to be “involved in Russia’s ongoing violations of Ukraine’s sovereignty and territorial integrity” and are the latest persons designated under Schedule 1 of the Special Economic Measures (Russia) Regulations (the “Regulations”). Prime Minister Trudeau has…
On October 19, 2022, Canada announced its third round of sanctions measures against the Iranian regime in response to its “ongoing gross and systematic human rights violations and continued actions to destabilize regional peace and security.” These measures add an additional six individuals and four entities to Schedule 1 of the Special Economic Measures (Iran) Regulations (the “Regulations”). Among the newly listed parties are Seyyed Majid Mirahmadi (the current Deputy Interior Minister of Iran), the…
On October 17, 2022, Canada announced further sanctions related to Russia, building on its existing measures. An additional thirty-four individuals and one entity believed to be “agents of Russian propaganda” and their family members, as well as “influential individuals spreading disinformation”, have been designated under Schedule 1 of the Special Economic Measures (Russia) Regulations (the “Regulations”). These measures came into force on October 14, 2022. Generally speaking, designation under Schedule 1 of the Regulations imposes…