On September 18, 2024, Canada announced several rounds of additional sanctions, amending the Special Economic Measures (Iran) Regulations(the “Iran Regulations”), the Special Economic Measures (Hamas Terrorist Attacks) Regulations (the “Hamas Regulations”), and the Special Economic Measures (Extremist Settler Violence) Regulations (the “Extremist Settler Violence Regulations”).   Additional Sanctions Against Iran These amendments list an additional five individuals in Schedule 1 of the Iran Regulations citing the rapid growth of Iran’s repressive measures against women and its…

The Government of Canada has established additional avenues to administer and enforce Canadian sanctions laws. Specifically, the Government is relying on the existing legislative framework under the Proceeds of Crime, Money Laundering, and Terrorist Financing Act (PCMLTFA) and its administrative agency, the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) alongside the Canada Border Services Agency (CBSA) to establish a sanctions civil enforcement regime in the form of mandatory reporting on suspected sanctions evasion…

On June 27, 2024, Canada announced the addition of seven individuals and five entities to the Special Economic Measures (Extremist Settler Violence) Regulations (the “Regulations”). The amended Regulations entered into force on June 24, 2024. The amended Regulations impose a dealings prohibition against the individuals and entities listed, effectively freezing any assets they hold in Canada. Specifically, the Regulations prohibit any person in Canada and any Canadian outside Canada from: Individuals listed are also rendered…