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

Monday, August 17 There was no major development on this day. Tuesday, August 18 The U.S. State Department imposed blocking sanctions on two International Criminal Court (ICC) officials: President of the ICC and ICC Senior Trial Lawyer (Japan; Senegal) under its International Criminal Court-Related Sanctions Regulations pursuant to Executive Order 14203. The ICC-related designations targeted the officials for their roles in Court efforts to investigate, arrest, detain, or pro

Monday, August 10 The DOJ announced that a Chinese national pleaded guilty to violating the Arms Export Control Act after attempting to procure U.S.-origin military-grade satellite modems and radios for shipment to China without the required State Department license. Chen and co-conspirators explored transshipment routes through Switzerland, Saipan, and Mexico and used cryptocurrency, including approximately $30,000 in USDT, to facilitate the purchase. District Judge David Sa

Monday, August 3 The U.K.'s OTSI and Department for Business & Trade published guidance clarifying banknote export prohibitions under the Belarus and Russia (Sanctions) (EU Exit) Regulations 2019, confirming that exporting, supplying, or making available banknotes (including GBP, EUR, and six other currencies) to persons connected with Belarus or Russia, or for use there, remains prohibited, including transport by post or on one's person. A personal use exception permits up t

Monday, July 27 UK's ECJU published Notice to Exporters 2026/16 confirming that two UK exporters paid compound settlements of £216,530.30 and £20,889.15 in June 2026 for unlicensed exports of military-listed goods in breach of the Export Control Order 2008 and the Customs and Excise Management Act 1979. For context, compound settlements are offered by HMRC in lieu of prosecution where an exporter has voluntarily self-reported a breach and the violation was inadvertent or resu

Monday, July 20 The EU Council adopted Council Decision (CFSP) 2026/1767 amending Decision (CFSP) 2021/1277 concerning restrictive measures in view of the situation in Lebanon. The amendment extends for another year through 31 July 2027, following a Council review that determined the existing restrictive measures should be renewed. There is no other substantive change. (Here) Tuesday, July 21 FinCEN Director Andrea Gacki testified before the House Financial Services Subcommit

Monday, July 13 OFSI extended General Licence INT/2025/6641960, which permits Non-DP Account Holders to transfer Investment Assets and Client Money out of brokerage accounts held at designated DP Brokers to non-designated brokers, has been extended by OFSI. The license, originally effective from 18 July 2025, was amended on 13 July 2026 to extend its expiry from 16 July 2026 to 16 July 2027, with all other permissions, conditions, and reporting requirements remaining unchange

Monday, July 6 The UK Government imposed asset freezing sanctions against seven individuals and two entities, all based in Russia, targeting directors, deputy directors, and senior scientific staff of SC Signal and the State Research Institute of Military Medicine (GNIII VM), both linked to the previously-designated (October 2020) State Research Institute of Organic Chemistry and Technology (GosNIIOKhT), in connection with Russia's undeclared chemical weapons program and the

Monday, June 29 OFAC launched a new online Reconsideration Portal for the submission of requests to be removed from an OFAC sanctions list. OFAC announced that this portal is intended to streamline the petitions process by guiding submitters to provide necessary information upfront, rather than through a series of questionnaire/answer exchanges that can delay efficient adjudication of a delisting petition. Listed persons can also request certain unclassified, non-privileged i

Monday, June 22 In the wake of Iran-USA MoU, OFAC issued GL X, authorizing all transactions prohibited by the several Iran and Iran-related authorities that are ordinarily incident and necessary to the production, sale, delivery, or offloading of crude oil, petrochemical products, or petroleum products of Iranian origin, including transactions involving vessels blocked under the names authorities, through 12:01 a.m. eastern daylight time, August 21, 2026. (Here) OFAC imposed

You can now listen to the audio version of our weekly sanctions updates here. Monday, June 15 The EU Council adopted a comprehensive sanctions package consisting of 34 individuals and 47 entities in response to Russia's war of aggression against Ukraine, hybrid threats, and systematic human rights violations. The measures target Russia's military-industrial complex, its shadow fleet ecosystem used to circumvent energy sanctions, state propaganda networks, and those responsibl

You can now listen to the audio version of our weekly sanctions updates here. Monday, June 8 OFSIpublished FAQ 187 on whether and how post sanctions mandatory corporate actions (like stock splits) impact the issue date of a transferable security.(Here) The EU Council adopted Council Decision (CFSP) 2026/1226 imposing asset freezing sanctions against two individuals and one entity threatening freedom of navigation in the Middle East. Specifically, the EU designated the Hormoz

You can now listen to the audio version of our weekly sanctions updates here. Monday, June 1 Over the weekend on May 31, 2026, France imposed asset-freezing sanctions against one individual under France's autonomous counter-terrorims sanctions regime. (Here) FTI Consulting, a Washington D.C.-based global advisory firm, settled with OFAC for $1,050,000 for apparent violations of the Ukraine-/Russia-Related Sanctions Regulations (URSR) under Directive 1 of E.O. 13662. The appar

You can now listen to the audio version of our weekly sanctions updates here. Monday, May 25 There was no major development on this day. Tuesday, May 26 The EU Council adopted Decision (CFSP) 2026/1149, amending Decision (CFSP) 2024/1484 concerning restrictive measures in view of the situation in Russia. The decision does two things: first, it renews the existing measures for a further year until May 28, 2027; and second, it updates the identifying information and statements

You can now listen to the audio version of our weekly sanctions updates here. Monday, May 18 The EU Council renewed the EU’s sanctions regime targeting individuals and entities linked to the former al-Assad regime in Syria until June 1, 2027 (Here and press release) OFAC announced a $275 million settlement with Adani Enterprises Limited (AEL), an Indian company, over apparent violations of U.S. Iran sanctions. Between November 2023 and June 2025, AEL allegedly imported 35 shi

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