25 april 2017
On 21 April 2017, a Dutch court of appeals sentenced the Dutch national Guus K. to 19 years imprisonment for having committed war crimes and violations of the EU sanctions against Liberia. In the period between 2000 and 2003, Mr. K. sold and exported batches of weapons and munition to Charles Taylor and his regime in Liberia, thereby violating the EU weapon embargo against Liberia and acting as an accomplice in the armed conflict at the time. Although the verdict is to a large extent based on the war crimes
10 april 2017
On 9 April 2017, Yvo Amar of B&A Law joined the Dutch Radio 1 program Reporter Radio for a live discussion on doing business with Iran after the 2016 sanctions ease. The discussions focused mainly on the difficulties of doing business in Iran, in particular on the payment issues many parties, both in Iran and abroad, still face. Our experience, however, is that such issues can be overcome if sufficient compliance measures have been implemented at the companies that wish to do business in or with Iran. Interested
26 maart 2017
On March 21 2017, the US Department of State, imposed sanctions on 30 foreign entities and individuals in 10 countries for transferring sensitive technology to Iran for its missile program or for violating export controls on Iran, North Korea, and Syria.
15 maart 2017
Zhongxing Telecommunications Equipment Corporation (ZTE) agreed to pay a USD100 million settlement with the Office of Foreign Assets Control (OFAC), for violating the US Iran and North Korea sanctions regime. This settlement is part of a combined USD1,192 billion resolution, pending court approval, with other federal agencies. ZTE also agreed to a seven year suspended denial of export privileges, and to dismiss four senior officials who were involved in the violations.
14 maart 2017
On 13 March 2017, the European Union (EU) renewed the restrictive measures over actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine, until 15 September 2017. These measures include asset freezes and a travel ban. According to the Council, the current situation regarding Ukraine does not justify a change in this sanctions regime. The EU also removed two deceased persons from the list of persons and entities subject to these restrictive measures, bringing it to
7 maart 2017
On 3 March 2017, the EU has renewed the asset freezes relating to people identified as being responsible for misappropriating Ukrainian state funds for 1 year, following the annual review of the restrictive measures. One person was removed from the list.
7 maart 2017
On 28 February 2017, The EU Council published its conclusions on its assessment of the overall state of the EU relationship with Switzerland. One of the conclusions is that the EU Council encourages Switzerland to remain consistent in its application of the restrictive measures, including preventing any circumvention of sanctions. Switzerland is also invited to maintain its alignment with the EU Russia sanctions regime. Switzerland voluntary aligns to EU sanctions on a case-by-case basis.