We reported in previous blog posts (such as here) that Canada has continued to expand its sanctions regime against Russia and Ukraine alongside the US and the EU. On February 17, 2015, Canada further expanded its sanctions, adding 11 individuals and 1 entity to the list of designated persons under Schedule 1 of the Special Economic Measures (Russia) Regulations (the “Russia Regulations”), and 1 entity to Schedule 3 of the Russia Regulations. Canada also added…
On December 19, 2014, the Government of Canada added 11 additional individuals to the list of designated persons under Schedule 1 of the Special Economic Measures (Russia) Regulations (the “Russia Regulations”). It also added an additional 9 individuals to the list of designated persons under the Special Economic Measures (Ukraine) Regulations. The Government of Canada also imposed under the Russia Regulations new export restrictions on certain goods used in Russia’s oil exploration and extractive…
On September 16, 2014, the Department of Foreign Affairs, Trade and Development Canada (“DFATD”) amended the Special Economic Measures (Russia) Regulations (the “Regulations”). Prior to these amendments, the Regulations prohibited any person in Canada and any Canadian outside Canada from transacting in, providing, or otherwise dealing in a loan, bond or debenture of longer than 90 days’ maturity in relation to a designed person listed in Schedule 2 or 3, the property of a designated…
We reported in previous blog posts (here, here and here) that Canada has continued to expand its sanctions regime alongside the US and the EU. Since June 21, 2014, Canada has further expanded its sanctions against Russia and Ukraine. Summarized below are the amendments since that date. Special Economic Measures (Ukraine) Regulations On June 21, 2014, the Special Economic Measures (Ukraine) Regulations (“Ukraine Regulations”) were amended with the addition of 10 individuals and one entity…