US President signs Ukraine Freedom Support Act into law

On 13 December 2014, the US Congress passed legislation entitled the “Ukraine Freedom Support Act of 2014” (H.R. 5859) seeking to impose new sanctions against Russia and in support of Ukraine.  On Thursday, December 18, President Obama signed the Act into law, while stating that at present, the Administration does not intend to impose new … Read more

New US Executive Order in relation to Iran and enforcement action against two non-US banks

On 31 July 2011 Barack Obama enacted a new Executive Order ‘Authorising Additional Sactions with Respect to Iran’,  which has immediate effect.  The US Department of the Treasury also announced yesterday the imposition of sanctions under the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (“CISADA”), against two non-US financial institutions (one Iraqi, one … Read more