On October 1, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued a determination under Section 1(a)(i) of Executive Order (“EO”) 13902 that extends sanctions to the automotive and rail sectors of the Iranian economy, designated 28 entities and two individuals under its Iran-related authorities, amended FAQ 831 to broaden its description of the financial sector of the Iranian economy, and designated the Russia-linked A7 Network as a significant transnational…
On 2 October 2026, the Japanese government announced further sanctions against the Russian Federation under the Foreign Exchange and Foreign Trade Act in line with measures adopted by other major countries. The additional measures, based on the Cabinet Understanding of “Asset Freeze Measures for Parties of the Russian Federation, etc.,” designate parties subject to asset freeze measures and export prohibitions and vessels subject to service and capital transaction restrictions while also prohibiting the export of…
President Trump signed the much-anticipated Russia (and Iran) sanctions bill into law on Friday, September 18, 2026. The final text of H.R. 5334 is available here. In Brief It has been a long journey since Senator Lindsey Graham introduced an earlier version of the bill in the Senate in April 2025. After Senator Graham passed away in July, a new Russia sanctions bill was introduced bearing his name, the Lindsey O. Graham Sanctioning Russia and…
At the 2026 G7 Leaders’ Summit, Prime Minister Carney announced a further expansion of its sanctions regime under the Special Economic Measures (Russia) Regulations (Regulations), effective June 12, 2026. The measures form part of Canada’s continuing effort to constrain Russia’s military operations and to condemn recent attacks on Kyiv. The amendments list new individuals, entities and vessels in Russia’s shadow fleet and repeal obligations held by the Minister of Foreign Affairs in relation to delisting applications. Expansion…