Economic Sanctions | Tereposky & DeRose LLP

New Sanctions Imposed Against Iran in Response to the Detention...

On October 3, 2022, the Government of Canada announced new sanctions against Iran through amendments to the Special Economic Measures (Iran) Regulations (the “Iran Regulations”), which came into force in July 2010. This latest round of sanctions is introduced in response to Iran’s “gross human rights violations that have been committed in Iran, including its systematic persecution of women… Continue reading New Sanctions Imposed Against Iran in Response to the Detention…

Canada Expands Russia and Ukraine Sanctions Regulations

On September 29, 2022, the Government of Canada further amended the Special Economic Measures (Russia) Regulations to list an additional 43 individuals. The Government of Canada also further amended the Special Economic Measures (Ukraine) Regulations to add 35 individuals and 1 entity to Schedule 1 of the Regulations. The amendments to the Ukraine Regulations also add new prohibitions that… Continue reading Canada Expands Russia and Ukraine Sanctions Regulations

Canada Imposes New Round of Sanctions Targetting Russian Individuals and...

On August 19, 2022, Canada announced two rounds of sanctions targeting an additional 62 individuals it describes as “close associates of the Russian Regime complicit in Russia’s invasion of Ukraine.” Canada stated it has imposed sanctions on these individuals because they are “high-ranking Russian government officials, including Russian federal governors and regional heads, their family members, and senior… Continue reading Canada Imposes New Round of Sanctions Targetting Russian Individuals and…

Individuals and Entities in Russian Defence Sector and Military Targeted...

On August 2, 2022, the Government of Canada further amended the Special Economic Measures (Russia) Regulations to list an additional 43 individuals and 17 entities, which it identified as elites and close associates of the Regime and Russian defence entities. Specifically, Canada has indicated that “these persons include military officials involved in the Bucha massacre and entities… Continue reading Individuals and Entities in Russian Defence Sector and Military Targeted…

Canada Sanctions Russian Manufacturing Industry

On July 14, 2022, Canada’s latest sanctions against Russia’s industrial manufacturing industry went into effect. Canada had previously announced these sanctions were incoming on July 9, 2022. These sanctions are issued under the Special Economic Measures (Russia) Regulations (“Russia Regulations”). Canada expanded its existing measures on Russia’s oil, gas and chemical sectors to include industrial manufacturing. Canada’s new sanctions prohibit Canadians and… Continue reading Canada Sanctions Russian Manufacturing Industry

Key Russian Economic Sectors as Potential Target for Upcoming Sanctions...

On July 9, 2022, Canada announced that it intends to further target key Russian sectors in a new round of sanctions against Russia under the Special Economic Measures (Russia) Regulations (“Russia Regulations”). These new sanctions “will expand existing measures on the oil, gas and chemical sectors to include industrial manufacturing”. Together, these sectors represent more than 50% of Russia’s federal budget… Continue reading Key Russian Economic Sectors as Potential Target for Upcoming Sanctions…

Russian Disinformation Targetted by Canada’s New Sanctions

On July 8, 2022, Canada announced a new round of sanctions against Russia, imposed under the Special Economic Measures Act by way of amendments to the Special Economic Measures (Russia) Regulations (“Russia Regulations”). The primary target of this latest round of sanctions is the Russian disinformation and propaganda campaigns. The new measures consist of sanctions against fifteen (15) Russian disinformation entities controlled or… Continue reading Russian Disinformation Targetted by Canada’s New Sanctions

Canada’s Latest Sanctions Against Russia, Belarus, Ukranian Individuals

On June 27, 2022, Canada announced a new round of sanctions against Russia and Belarus and against Ukrainian individuals imposed under the Special Economic Measures Act by way of amendments to the Special Economic Measures (Russia) Regulations (“Russia Regulations”), the Special Economic Measures (Belarus) Regulations (“Belarus Regulations”), and the Special Economic Measures (Ukraine) Regulations (“Ukraine Regulations”). Russia Regulations The new Russian sanctions prohibit the trade with Russia of certain… Continue reading Canada’s Latest Sanctions Against Russia, Belarus, Ukranian Individuals

Canada Expands Sanctions Against Russia to Include the Provision of...

On June 6, 2022, Canada announced a new round of sanctions against Russia imposed under the Special Economic Measures Act by way of amendment to the Special Economic Measures (Russia) Regulations (“Russia Regulations”). The June 6, 2022 amendments to the Russia Regulations “impose a ban on the export of 28 services vital for the operation of the oil, gas and chemical industries, including… Continue reading Canada Expands Sanctions Against Russia to Include the Provision of…

Canada Expands Sanctions to Include Additional Individuals and Entities

On May 31, 2022, Global Affairs Canada announced a new round of sanctions against Russia imposed under the Special Economic Measures Act by way of amendment to the Special Economic Measures (Russia) Regulations (“Russia Regulations”). Global Affairs Canada indicated these sanctions are intended to exert further pressure on the Russian regime in response to President Vladimir Putin’s… Continue reading Canada Expands Sanctions to Include Additional Individuals and Entities

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Tag: Economic Sanctions