UK Imposed Sanctions Archives

US and UK Reflect on Two Years of Enhanced Partnership for Sanctions

November 26, 2024 By Kerry B. Contini (USA), Ben Smith (UK), Tatiana Kalaji (UK), Kelvin Hong (UK) and Sophie Armstrong (UK) 2 Mins Read

In October 2024, the United States Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) and the United Kingdom’s Office of Financial Sanctions Implementation (“OFSI”) celebrated the second anniversary of their Enhanced Partnership. This collaboration, initiated in response to the increasingly complex geopolitical landscape, aims to bolster the effectiveness of sanctions as a global tool for national security. Over the past two years, OFAC and OFSI have worked closely to coordinate their sanctions regimes,…

UK government introduces important changes to UK sanctions framework

November 18, 2024 By Sunny Mann (UK), Julian Godfray (UK), Keir Burbidge (UK) and Elizabeth Barbeary (UK) 5 Mins Read

On 14 November 2024, the UK government introduced a number of changes to its sanctions regulations through the Sanctions (EU Exit) (Miscellaneous Amendments) (No.2) Regulations 2024 (the “Amending Regulation”). See here for the Amending Regulation and here for the blog post from the Office of Financial Sanctions Implementation (“OFSI”) summarising the changes. The Amending Regulation introduces several important changes to existing UK sanctions legislation, primarily in respect of the UK’s financial sanctions framework. The UK…

UK government adopts new financial sanctions package targeting Russia

November 13, 2024 By Sunny Mann (UK), Julian Godfray (UK) and Keir Burbidge (UK) 2 Mins Read

On 7 November 2024, the UK government designated an additional 56 individuals and entities in its largest financial sanctions package since May 2023 (see the official press release here). The package aims to further restrict the supply of equipment utilised by Russia’s military industrial complex and target Russia’s global activities, particularly in Africa. Newly adopted designations The package consists of 56 new designations through five of the UK’s autonomous sanctions regimes. Targets include: These individuals…

EU and UK sanctions imposed on Iranian individuals and entities in response to missile transfers to Russia

October 16, 2024 By Samuel Ashford (UK), Anais Itani (UK), Andrew Rose (UK) and Sunny Mann (UK) 2 Mins Read

On 14 October 2024, the EU designated seven individuals and seven entities responsible for the development and transfer of drones, missiles and related technology to Russia, and to armed groups and entities undermining peace and security in the Middle East and the Red Sea region. These include in particular three Iranian airlines, Iran Air, Mahan Air and Saha Airlines. The Regulation imposing the EU designations is available here. The individuals and entities are subject to asset freezes…