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Monday, September 21 There was no major development on this day. Tuesday, September 22 The EU Council announced that it prolonged the restrictive measures under Regulation 269/2014 targeting those responsible for undermining Ukraine's territorial integrity, sovereignty, and independence until 22 September 2029, maintaining travel bans, asset freezes, and the funds-availability prohibition against more than 3,000 listed individuals and entities. As part of the periodic review,
Monday, September 14 After speculations that followed the Secretary of the Treasury's announcement that the United States would impose sanction againsts a large bank under the U.S. sanctions against Iran, OFAC imposed blocking sanctions against VTB Bank under its Iran sanctions program (E.O. 13902) for operating in the financial sector of the Iranian economy, and for establishing correspondent banking relationships with sanctioned Iranian financial institutions and building a
Monday, September 7 There was no major development on this day. Tuesday, September 8 In a major development in the UK, the Iran (Sanctions) (Amendment) Regulations 2026 was laid in the UK Parliament. The legislation, which enters in force on 29 September imposes (previously announced) further sectoral sanctions on Iran, broadly corresponding to measures lifted by the UK and partners as part of the Joint Comprehensive Plan of Action. It follows the UK complying with UN sancti
Monday, August 31 There was no major development on this day. Tuesday, September 1 There was no major development on this day. Wednesday, September 2 OFAC issued a reminder to file the Annual Report of Blocked Property (ARBP) as of June 30, 2026 no later than September 30, 2026. OFAC notes that failure to file the ARBP by September 30 may lead to an enforcement referral. (Here) OFAC amended three Venezuela-related general licenses under 31 CFR Part 591, effective September 2,
Monday, August 24 The European Commission updated its Russia sanctions FAQs across three areas: the Infrastructure Transaction Ban (Article 5ae, Reg. 833/2014), the Oil Price Cap (Article 3n, Reg. 833/2014), and the LNG Import Ban (Article 3ra, Reg. 833/2014) all reflecting changes introduced by Regulation (EU) 2026/1848 of 23 July 2026. (Here) The U.S. Departments of State and Treasury jointly launched "Operation Economic Outcast," an unprecedented whole-of-government sancti
