Brief Update Of US And EU Sanctions For US And Non-US Persons

Introduction

Recent months have seen developments in US trade sanctions against Russia, North Korea and Iran that have substantially strengthened and extended measures in respect of trade and financial transactions for US and non-US institutions.

Those dealing directly with individuals, firms or the regimes of the three countries – as well as those with a connection however tangential – should be aware of the specific developments and their reach, whether or not they are based in the US.

The EU has also amended and extended sanctions in respect of Ukraine and extended sanctions against North Korea

Recent developments in US Sanctions include:

Russian Sanctions

1. Restriction on the US President's authority to relax sanctions.