Iran News

• EU extends Iran human rights sanctions
• ECJ rejects re-listing appeals
• ECJ upholds decision to annul the original listing of Bank Saderat Iran
• OFAC provides additional Iran sanctions guidance, including guidance to US. directors and officers of non-US companies
• OFAC clarifies application of sanctions to Iran overflight payments
• US Treasury considering easing US dollar restrictions on Iran
• US federal government urges US states to lift Iran debarment and divestment rules
• OFAC hires new licensing staff to deal with flood of Iran-related applications
• US Supreme Court rejects challenge to statute targeting Iranian Central Bank
• Iran sues US at ICJ over designation as State Sponsor of Terrorism
• US car audio company loses challenge to OFAC Iran penalty, takes an appeal
• Indonesia extradites Singapore national accused of exporting US bomb parts to Iran
• US resident pleads guilty for his role in illegal Iran export scheme
• Canadian-Iranian national sentenced to 3 years in prison for exports from US to Iran
• CEO of US company pleads guilty to conspiring to export specialty metals to Iran

Russia and Ukraine News

• Russia abandons Eurobond plan
• Canada extends sanctions against Russia and Ukraine
• EU Advocate General delivers opinion on Rosneft’s judicial review
• EU likely to extend sanctions against Russia

North Korea News

• EU implements UN North Korea sanctions
• EU adds 18 individuals and 1 entity to its sanctions listing against North Korea
• Switzerland tightens sanctions against North Korea
• China begins implementation of new sanctions against North Korea

EU News

• EU General Court dismisses Mehdi Ben Ali’s challenge
• EU extends sanctions against Egypt
• EU extends sanctions against Syria
• ECJ dismisses Tarif Akhras’ appeal
• EU finds against assumption that Syrian businessmen support the Syrian regime
• EU amends sanctions against Central African Republic
• EU extends sanctions against Bosnia and Herzegovina
• EU extends sanctions against Burma/Myanmar
• EU extends sanctions against Crimea and Sevastopol
• EU lifts sanctions against Liberia
• EU de-lists International Sikh Youth Federation
• EU General Court rejects Sharif University of Technology’s annulment application
• EU adds to ISIL/Al Qaida sanctions

US News

• Blocking of alleged Panamanian money laundering organisation affects significant Central American businesses
• OFAC extends authorisation for transactions with Honduran Bank in liquidation
• OFAC updates Cuba FAQs
• FinCEN issues new rule requiring identification of beneficial owners
• Justice Against Sponsors of Terrorism Act passes in US Senate, moves to House
• US extends suspension of sanctions against blocked Belarusian entities
• OFAC further relaxes sanctions on Burma, de-lists 3 Burmese state-owned banks
• OFAC implements new Hizballah sanctions law
• OFAC issues regulations to implement Burundi sanctions, designates additional individuals
• US targets new sanctions against Libyan opponents of unity government
• US arrests Chinese national for export control violations
• OFAC sanctions additional narcotics traffickers
• OFAC adds new terrorism designations

UN News

• UN lifts Côte d’Ivoire sanctions
• UN lifts remaining Liberia sanctions

UK News

• Office of Financial Sanctions Implementation publishes guidance
• UK Financial Conduct Authority publishes new guidance
• UK publishes new Open General Export Licenses