UN sanctions on Lebanon were first introduced in 2005 by UN Security Council Resolution 1636. They imposed a travel ban and asset freeze on people suspected of being involved in the planning, sponsoring, organising or perpetrating the terrorist bombing in Beirut (14 February 2005) that killed 23 people, including former Lebanese Prime Minister Rafiq Hariri.Subscribe for full access
OFAC has designated a Lebanese individual, Kassem Chams and the Chams Money Laundering Organisation as specially designated foreign narcotics traffickers pursuant to the US Kingpin Act (asset freeze). His company, Chams Exchange, a money service business, was also designated. Chams is described as operating an “international money laundering network” which “launders drug proceeds throughout […]
The UK has passed the Sanctions (Amendment) (EU Exit) Regulations 2019, SI 2019/26, which make amendments to a number of EU sanctions regimes to ensure (inter alia) that they continue to apply within the UK after Brexit. The Regulations will come into force on exit day.