In 2005, by UNSC Resolution 1636, the UN Security Council imposed travel bans and asset freezes on people suspected of being involved in the 14 February 2005 terrorist bombing in Beirut, Lebanon, in which Syria was implicated by a UN report. The EU implemented those measures by adopting Council Common Position 2005/888/CFSP and Council Regulation (EC) No 305/2006. See the European Commission’s Guidance and FAQs for further details on these sanctions.
The Department of State (press release) and Treasury Department (press release), on Tuesday 30 May, designated two Syrian money service businesses and three affiliated individuals that allegedly provide financial support to the Assad regime (OFAC notice): Al-Fadel Exchange, and Al-Adham Exchange Company which have allegedly facilitated transfers to accounts at the U.S.-designated Central Bank of Syria; and Fadel Balwi, Mut’I …
The EU Council has deleted Nizar Al-Assaad from the list of sanctioned individuals on the EU’s Syria sanctions (Council Implementing Decision (CFSP) 2023/892, Council Implementing Regulation (EU) 2023/890). The removal follows the EU General Court’s judgment (see previous post) that the EU had erred in its assessment that Mr Al-Assaad fulfilled the listing criteria, breached Mr Al-Assaad’s legitimate expectations, the …
The European Commission yesterday published new guidance on the humanitarian exemption in the EU Syria Sanctions Regime following the February 2023 earthquakes in Türkiye and Syria. The exemption waived the need for the specified categories of humanitarian operators to seek prior permission from EU Member State National Competent Authorities (‘NCAs’) to provide funds or economic resources intended for humanitarian purposes …
Yesterday, OFSI amended the anti-corruption, Syria, and Russia sanctions lists. The anti-corruption amendment corrected Zvonko Veselinovic’s name. The Syria amendment removed Exceed Development and Investment Company, owned by Hayan Mohammad Nazem Qaddour, and Maen Rizk Allah Haykal, as a related business to the sanctioned entity, Damascus Cham Holding. The Russia amendment edited the reason for Roman Nikolaevich Lepa’s listing. He …
Switzerland has added 25 people and 8 entities to its Syria sanctions list, most said to be involved in producing and trafficking narcotics. This follows the same listings by the EU (previous post, Press Release, Council Implementing Regulation (EU) 2023/844 and Council Implementing Decision (CFSP) 2023/847). Switzerland has also made minor amendments to its Iran and Myanmar sanctions lists, including adding …
Amended by:
Amended by:
Syria
Russia
Serbia
Iran
Burma / Myanmar