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ARTICLE · 03 OCTOBER 2011

Canada Lifts Most Economic Sanctions Against Libya

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On September 23, 2011, Canada amended its Libyan sanctions regime to implement recent steps taken by the United Nations Security Council significantly relaxing measures imposed against Libya

CanadaInternational Law

On September 23, 2011, Canada amended its Libyan sanctions regime to implement recent steps taken by the United Nations Security Council significantly relaxing measures imposed against Libya. Canadian companies should be reviewing these changes to ensure that their compliance programs are fully up-to-date and any resumption of activity involving Libya or Libyan entities is fully compliant with economic sanctions measures that remain in force.

Canada's Unilateral Sanctions Removed

On August 31, 2011, Canada lifted its unilateral sanctions imposed against Libya under the Special Economic Measures Act. These contained a number of requirements and prohibitions concerning activities involving the government of Libya and its departments, institutions and agencies, including the Central Bank of Libya. A summary of these and other Canadian sanctions measures imposed against Libya on February 27, 2011 can be found here. Although Canada's unilateral sanctions against

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