On 9 May 2014, Norway implemented a regulation (the “Regulation”) imposing “restrictive measures against persons deemed responsible for embezzlement of public funds, as well as persons who are considered to have participated in human rights violations in Ukraine”. The Regulation, which is effective from 9 May 2014, designates a further 22 individuals in connection with the crises in Ukraine. Again, as with our blog on Norway on 12 May 2014, this new list of individuals mirrors the persons who…
On 2 May 2014, Norway implemented a regulation (“the Regulation”) amending a previous regulation enacted on 21 March, which imposed travel bans and asset freezes against 21 Russian politicians and officials. The Regulation, which is effective from 2 May 2014, adds a further 15 individuals in connection with the crises in Ukraine. In line with our blog on 27 March 2014, this new list of individuals mirrors the persons who were designated by the EU…
On 6 May 2014, Liechtenstein issued a regulation amending the Special Economic Measures (Russia) Regulations that are designed to prevent the circumvention of international sanctions related to the situation in Ukraine. The Regulations are covered in our blog post dated 22 April 2014 (click here). This update corresponds to the EU’s decision last week to sanction a further 15 individuals, and incorporates the exact same 15 individuals into Liechtenstein’s anti-circumvention legislation. Part 1 of the Regulations…
Meeting in South Korea, leaders of the G7 (i.e., US, UK, Germany, Italy, France, Japan and Canada) have: Agreed to move swiftly to impose additional sanctions on Russia in order “to increase the costs of Russia’s actions”. Accused Russia of not taking any concrete actions in support of the Geneva accord. Condemned Russia’s illegal attempt to annex Crimea and Sevastopol, which the G7 does not recognize. Decided to “follow through on the full legal and…