In December 2022, the United Nations Security Council (the ‘UNSC’) adopted a resolution which introduced a standardised humanitarian exemption across UN regimes according to which activities necessary for humanitarian assistance and other activities that support basic human needs are exempt from sanctions in the form of asset freezes imposed by the Security Council or by its Sanctions Committees. All UN sanctions regimes except the Afghanistan regulations will now include a standardised humanitarian exception to the…
The UK has introduced a sanctions regime designed to target criminal actors, gangs and their financiers whose actions are causing instability in Haiti, pursuant to The Haiti (Sanctions) Regulations 2022, which enter into force on 28 December 2022. The restrictive measures consist of: financial sanctions measures through a targeted asset freeze on designated persons and prohibitions on making funds or economic resources available; trade sanctions, including restrictions on the trade in military goods and military…
The Baker McKenzie International Commercial and Trade team is delighted to invite you to watch our latest mini webinar series on some key recent trade developments. This webinar covering the recent sanctions against the regime in Belarus will last only 30 minutes, and is intended to give you an overview of the developments, and the key takeaways to ensure compliance by your business. See below for more details. Belarus Sanctions The US, the EU, the…
The European Commission has removed sanctions placed on six Iraqi state entities under Council Regulation (EC) No 1210/2003, effective from 23 April 2021. The entities include the Iraqi State Export Organisation as well as the Iraqi State Import Organisation. This mirrors the UN Security Council’s decision to remove the entities from its sanctions list on 15 April 2021.