Tag Archives: Asset freeze

New sanctions reporting requirements for non-financial sector businesses

With effect from 8 August, the Government has introduced significant new reporting requirements in relation to EU asset freeze regimes. Previously, only businesses in the financial sector were subject to the obligations, found in UK financial sanctions instruments, to report … Continue reading

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Filed under EU, EU Law, European Regulation, News, Sanctions, UK

EU sanctions update: EU extends sanctions against Syria and amends sanctions against Libya and Somalia; further developments relating to Ukraine/Russia

Herbert Smith Freehills has published the latest edition of its Sanctions Update e-bulletin on recent developments in various international sanctions regimes. At EU level these are relatively limited: The EU has announced additional sanctions in respect of the situation in … Continue reading

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Filed under Europe, Middle East, Oil & Gas, Sanctions

Sanctions Update: EU and US introduce further sanctions in response to the situation in Ukraine; EU amends sanctions against Libya, Central African Republic and Syria

Herbert Smith Freehills has published its latest Sanctions Update e-bulletin, on the latest developments in sanctions regimes in Ukraine, Libya, Central African Republic and Syria. Both the EU and US have introduced limited additional sanctions in light of the current situation … Continue reading

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Filed under Americas, Australia, EU Law, Europe, Middle East, Sanctions

Ukraine – EU imposes asset freeze and travel ban on 21 Russian individuals; US introduces additional Executive Order and imposes asset freeze and visa ban on 11 Ukrainian and Russian individuals

Herbert Smith Freehills has published its latest Sanctions Update e-bulletin, on the imposition targeted sanctions by the EU and US in response to the recent Crimea referendum. On 17 March 2014, the EU introduced an asset freeze and travel ban … Continue reading

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Filed under Americas, Europe, Sanctions

Ukraine – EU imposes asset freeze on members of former government and issues a statement in relation to Russia; US introduces Executive Order permitting the blocking of assets

Herbert Smith Freehills has issued its latest Sanctions Update e-bulletin, concerning the EU and US response to recent events in Ukraine. On 5 March 2014, the EU introduced an asset freeze applying to former President Yanukovych and other former government officials and … Continue reading

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Filed under Americas, Europe, Sanctions