By Maya Lester KC & Michael O’Kane

Canadian parliament debates amended ownership & control test & adds 10 to Iran sanctions list

The Canadian Budget Implementation Act 2023, No. 1 (Bill C-47), if passed, would amend the Special Economic Measures Act (SEMA) and the Justice for Victims of Corrupt Foreign Corrupt Officials Act (Sergei Magnitsky Law) to read: Deemed ownership 2.?1?(1)?If a person controls an entity other than a foreign state, any property that is owned — or that is held or …

IranIran CanadaCanada

About Michael O'Kane

For all site-related issues, including subscription and payment issues, please contact
Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

See profile for Michael O'Kane >

Share this page on: