Sanctions: Fortnightly Summary

Welcome to BCL’s latest sanctions round-up, highlighting the key developments in UK and international sanctions law and practice.

This edition covers, among other things: the UK laying new Iran sectoral sanctions legislation and announcing new measures targeting Israeli settlement activity; UK enforcement and litigation developments (OFSI’s published penalty on Citibank and the High Court’s asset-freeze judgment in Denali v Manson); and the intensification of the US Treasury’s Operation Economic Outcast against Iran through successive September designation rounds (Turkish financial institutions; the Iranian aviation sector; a transnational cyber-scam network; and Hizballah/ Kata’ib Hizballah networks) together with a landmark individual Iran settlement.