On April 11, 2023, Canada announced further amendments to the Special Economic Measures (Belarus) Regulations (the “Regulations”) in response to the Belarusian regime’s role in “enabling Russia’s illegal invasion and attempted annexation of Ukrainian territory”. These amendments list an additional nine entities under Schedule 1 of the Regulations, and modify existing prohibitions under sections 3.1 and 3.2 for purposes of legal clarity. The amendments took effect on April 5, 2023. There are now over 150…

On April 11, 2023, Canada announced additional amendments to the Special Economic Measures (Russia) Regulations (the “Regulations”) in response to individuals and entities “complicit in Russia’s ongoing war against Ukraine”. These amendments list an additional 14 individuals and 34 entities under Schedule 1 of the Regulations and took effect on April 5, 2023. There are now over 1,600 parties listed under Schedule 1 of the Regulations. Among the newly listed parties are “senior management…

The G7 announced the creation of a new Enforcement Coordination Mechanism “to bolster compliance and enforcement of our measures and deny Russia the benefit of G7 economies” on the one-year anniversary of Russia’s invasion of Ukraine. Having focused on the enforcement of sanctions by the United States, United Kingdom, the European Union, Germany, France, and Italy in the past weeks, we continue our overview with enforcement trends in Canada. Our next instalment will look at sanctions enforcement from the perspective of…