On November 16, 2022, Canada announced further amendments to the Special Economic Measures (Iran) Regulations (the “Regulations”) in response to the Iranian regime’s “ongoing gross and systematic human rights violations and continued actions to destabilize peace and security”. These amendments list an additional six individuals and two entities under Schedule 1 of the Regulations and took effect on November 10, 2022. There are now over 250 parties listed under Schedule 1 of the Regulations. Among…
On November 14, 2022, Prime Minister Trudeau announced additional amendments to the Special Economic Measures (Russia) Regulations (the “Regulations”). These amendments target twenty-three individuals, identified as “members of the Russian justice and security sectors, including police officers and investigators, prosecutors, judges, and prison officials”. The sanctions took effect as of November 10, 2022. There are now over 1,090 individuals listed under Schedule 1 of the Regulations. The twenty-three individuals are listed in Part 1.1 of…
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…