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You can now listen to the audio version of our weekly sanctions updates here. Monday, May 11 The EU Council adopted Council Decision (CFSP) 2026/1072 and imposed asset freezing sanctions on 16 persons and seven entities responsible for the systematic unlawful deportation and forcible transfer of Ukrainian children to the Russian Federation and within temporarily occupied territories. (Here, and press release) The EU Council, in a non-substantive move, extended its sanctions r
You can now listen to the audio version of our weekly sanctions updates here. Monday, May 4 OFAC issued Venezuela-related General License 5W, "Authorizing Certain Transactions Related to the Petróleos de Venezuela, S.A. (PdVSA) 2020 8.5 Percent Bond on or After June 19, 2026.” Once again OFAC delayed when U.S. persons could engage with the PdVSA named bond; this time to June 19, 2026. (Here) OFAC accordingly revised Venezuela-related FAQ 595. (Here) Tuesday, May 5 OFAC impos
You can now listen to the audio version of our weekly sanctions updates here. Monday, April 27 The EU Council extended its Myanmar restrictive measures for another 12 months, until 30 April 2027, citing ongoing human rights violations and actions undermining democracy. The measures currently apply to 105 individuals and 22 entities. (Here, and Press Release) Tuesday, April 28 OFAC imposed blocking sanctions against 17 individuals (16 in Iran, one in UAE) and 18 entities (seve
You can now listen to the audio version of our weekly sanctions updates here. Monday, April 20 The UK government is making several amendments to various sanctions-related regulations to improve the clarity, consistency and strength of the UK's sanctions regulations. Specifically, the new amendments, which will come into force on May 13, will impact 36 of the UKs sanctions regimes. (The Sanctions (EU Exit) (Miscellaneous Amendments) Regulations 2026) Tuesday, April 21 The EU
You can now listen to the audio version of our weekly sanctions updates here . Monday, April 13 BIS reached an Administrative Enforcement Settlement with Coastal PVA Technology, Inc. The company exported semiconductor-related brushes to Chinese Entity List companies (SMIC Beijing and SMIC North) on 18 occasions without the required BIS license, due to inadequate export compliance controls. The company settled with BIS, admitting the violations and agreeing to a $1.7 million c