Upcoming Events

• Debevoise to Host Iran Sanctions Seminars in New York and London on 1 and 3 March

Iran News

• EU and US Announce JCPOA Implementation Day
• Switzerland, Japan, Norway, Australia and Canada Lift Sanctions on Iran
• Iran Unveils Post-Sanctions Framework for Oil and Gas Contracts
• US Adds 11 Entities and Individuals to Sanctions List for Iran Ballistic Missile Procurement
• Bank of England Licences Three Iranian Banks to Reopen in the UK
• CJEU Upholds NIOC Subsidiaries’ Listings and Rejects Challenges to Press TV Listings
• EU Re-Lists OPIC
• EU De-Lists Bank Sepah
• Iranian Company Pleads Guilty and Is Fined for US Export Violation
• Chinese National Extradited from UK to US Pleads Guilty to Illegal Export to Iran
• US Suspends Export Privileges of UK and Gambian Companies and Individuals for Alleged Sale of US Aircraft to Iranian Airline

Russia and Ukraine News

• EU Extends Russia Sanctions to 31 July 2016
• Russia’s Ukraine Sanctions and Turkey Sanctions Extension Take Effect
• UK Sanctions Individuals Named in Report on Death of Litvinenko
• US Adds Five Russian Nationals to Magnitsky Sanctions List
• US Expands Sectoral List to Identify Subsidiaries of VTB, Sberbank and Rostec, Also Blocks Crimean Banks and Businesses, Entities Linked to Russian SDNs, Ukrainian Separatists and Yanukovych Regime Officials

EU News

• Central African Republic: EU Adds Two Individuals to Sanctions List
• Syria: EU Delists One Individual and Two Entities
• Syria: CJEU Rejects Annulment Application of Assad’s Uncle
• Maldives: European Parliament Calls for Sanctions
• EU Implements UN Amendments to Terrorist Designations
• Libya: EU Consolidates Sanctions Measures

US News

• Cuba: US Relaxes Requirements for Exports and Travel
• Cuba: OFAC Answers Insurance-Related Questions
• Cuba: Architecture Firm Settles with OFAC for Work on Cuban Hotel Project from UK Office
• Burma: Most Import and Export Sanctions Suspended for Six Months
• North Korea: OFAC Blocks North Korean Ship Management Companies and Bank Representatives Linked to Nuclear Proliferation
• North Korea: US House of Representatives Sends Secondary Sanctions Bill to Senate
• Zimbabwe: Two Banks Dropped from Sanctions List
• Honduras: Banco Continental Windup Licence Extended
• Mexico: Newspaper Executive and His Businesses Are Blocked Under Narcotics Trafficking Sanctions
• Sudan: OFAC Issues Finding of Violation Against Johnson & Johnson Subsidiary for Facilitation of Affiliate’s Sudan Exports
• Three Individuals Accused of Attempt to Export Controlled Semiconductors Stolen from US Military
• OFAC Makes Multiple Designations under Terrorism, Narcotics, Organised Crime, Burundi and Central African Republic Sanctions Regimes
• OFAC Publishes Cyber-Related Sanctions Regulations

UN News

• UNSC Imposes Sanctions on ISIL
• UNSC Condemns North Korea Nuclear Test and Considers Additional Sanctions

UK News

• ECO Updates List of Strategic Military and Dual-Use Items Requiring Authorisation for Export
• EU Scrutiny Committee Questions Success of Former Belarus Sanctions
• New Approach to Arms Control, Counter-Proliferation and Export Controls in 2016
• HM Treasury Publishes Sanctions Guidance for NGOs
• HM Treasury Renews Designation of Khalid Sheikh Mohammed

Other News

• Basel Committee Issues Revised Guide to Account Opening and Customer Identification