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ARTICLE · 21 OCTOBER 2025

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Sanctions Update: October 20, 2025

Steptoe LLP
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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, publishes every Monday.

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.

The Lede

Threat of US sanctions stall adoption of IMO's global pricing system to curb greenhouse gases

Member states of the United Nations' International Maritime Organization (IMO) voted to delay the adoption of the Net Zero Framework (NZF) after threats by the Trump administration to impose sanctions on countries that vote in support of the proposed global carbon pricing mechanism. The NZF standards, which were set to be formally adopted in this week's

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