Herbert Smith Freehills has published its Sanctions Update e-bulletin on recent developments in the sanctions regime against Iran. On 21 July 2014, it was announced that the six month suspension of EU and US sanctions against Iran as part of… Read more

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… Read more

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… Read more

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… Read more

The EU has recently published a new Regulation (Regulation 697/2013 of 22 July 2013 ("Regulation 697/2013")) which amends Regulation 36/2012, the key piece of legislation setting out the EU's sanctions against Syria. In our August Sanctions Update we analyse the… Read more

A recent judgment of the English Commercial Court has highlighted the issue of the effect of new sanctions legislation upon contractual obligations, and in particular the importance of considering applications for available licences before seeking to rely on the doctrine… Read more

In the aftermath of the Arab Spring and amidst continuing unrest in the region, the Middle East remains at the forefront of the international sanctions agenda. Craig Tevendale, partner, and Maguelonne de Brugiere, associate, examine the impact that such sanctions… Read more

On 10 January 2013, the Australian Foreign Minister, Bob Carr, announced the Australian government’s intention to implement further autonomous sanctions against Iran. The announcement came three days after Australia was appointed chair of the UN Security Council sanctions committees. According… Read more

... Read more

On August 10, 2012, the US implemented new sanctions against Iran through the enactment of the Iran Sanctions, Accountability and Human Rights Act of 2012 (the "Act"). The Act is designed to place new restrictions on the Iranian economy to… Read more

On 11 July 2012, the US relaxed its sanctions regime against Myanmar by, subject to certain restrictions, lifting the prohibition on the export of financial services to Myanmar and permitting US persons to undertake new investment in Myanmar. The changes will allow… Read more

On 14 May 2012 the Council of the EU finally adopted the Regulation required to implement its Decision of 26 April 2012 to suspend, for one year, the bulk of the restrictive measures applied to Burma/Myanmar in various forms since… Read more

On 23 January 2012, the European Council adopted Decision 2012/35/CFSP, setting out a range of new sanctions on Iran, including an oil embargo. Many elements of the extended sanctions required implementing legislation to be brought into force.  That legislation was… Read more

Craig Tevendale (Partner, London) and Stuart Paterson (Partner, Dubai) have published an article in the March 2012 issue of Commercial Dispute Resolution (CDR).  It focuses on the Arab Spring and examines the major commercial disputes issues arising from the political upheaval… Read more

Three measures against Iran adopted on 23 January 2012 by the EU’s Foreign Affairs Council add yet another layer to the extensive Iranian sanctions regime, which will need to be carefully considered by any EU business involved in any enterprise… Read more

On 9 June 2010, the UN Security Council voted in favour of fresh sanctions against Iran over its nuclear programme which will have practical implications for many corporate entities. In the light of these new sanctions, companies must exercise extreme… Read more