On June 18, 2024, Canada announced further amendments to the Special Economic Measures (Russia) Regulations (the “Regulations”). These amendments list an additional 13 individuals under Schedule 1 of the Regulations and took effect on June 13, 2024. Theses sanctions are imposed in relation to the February 16, 2024 death of imprisoned Russian opposition leader Alexei Navalny and Russia’s continued systematic violations of human rights. The 13 additional sanctioned individuals are senior officials and high-ranking employees…
On June 13, 2024, Canada announced further amendments to the Special Economic Measures (Russia) Regulations (the “Regulations”). These amendments list an additional 12 individuals and 16 entities under Schedule 1 of the Regulations and place export prohibitions on an additional 5 categories of goods under Schedule 7 of the Regulations. The amendments took effect on June 12, 2024. The Schedule 1 sanctions target individuals and entities implicated in disinformation and propaganda operations regarding Russia’s illegal…
The 50th G7 Summit was held this past week from June 13-15 in Puglia, Italy. As one of the only law firms with sanctions experts in every G7 country, we monitored the Summit with our eyes and ears open for clues on the G7’s collective sanctions priorities — and what they mean for our clients who do business across the G7. We share our thoughts below. The authors of this blog post include representatives…
On May 16, 2024, the Minister of Foreign Affairs announced further amendments to the Special Economic Measures (Russia) Regulations (the “Regulations”) sanctioning additional Russian individuals and entities. The amendments list an additional 2 individuals and 6 entities under Schedule 1 of the Regulations and took effect on May 16, 2024. Schedule 1 of the Regulations imposes a dealings prohibition against the individuals and entities listed, effectively freezing any assets they hold in Canada. Individuals listed are also rendered inadmissible…