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ARTICLE · 04 FEBRUARY 2026

Sanctions Update: February 2, 2026

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The Sanctions Update, compiled by attorneys from Steptoe's award-winning International Regulatory Compliance team and the Stepwise: Risk Outlook editorial team...

United StatesInternational Law
Steptoe LLP
Steptoe LLP

The Sanctions Update, compiled by attorneys from Steptoe's award-winning International Regulatory Compliance team and the Stepwise: Risk Outlook editorial team, publishes every Monday. Guided by the knowledge of Steptoe's industry-leading International Trade and Regulatory Compliance team, the Sanctions Update compiles and contextualizes weekly developments in international regulatory enforcement and compliance, as well as offers insights on geopolitical context, business impacts, and forthcoming risks.

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EU designates the Islamic Revolutionary Guard Corps as a terrorist organization

On Thursday, EU member states designated the Islamic Revolutionary Guard Corps (IRGC) as a terrorist organization. The Iranian political-military organization, which operates independently of the country's military and answers directly to the Ayatollah, was first designated by the US in 2019. Kaja Kallas, the EU's High Representative for Foreign Policy, emphasized that the

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