Baker McKenzie’s Sanctions Blog published the alert titled Canada Imposes Additional Sanctions Against Russia: 39 Individuals and 25 Entities Targeted on 20 July 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Bill C-47 is the Federal Budget Implementation Act – Part 1, an omnibus bill which amends existing legislation to meet the Government’s 2023 Budget objectives. Division 10 of the bill implements significant amendments to Canada’s unilateral sanctions legislation.
Canada recently committed to heightened enforcement of its export controls legislation on the heels of announcing amendments to A Guide to Canada’s Export Control List and the Export Permits Regulations.
On 21 June 2023, Canada announced amendments to the Special Economic Measures (Haiti) Regulations in response to “gross and systematic human rights violations.” These amendments list an additional four individuals and took effect on 21 June 2023.
On 19 June 2023, Canada announced further amendments to the Special Economic Measures (Iran) Regulations in response to Iran’s “gross and systematic violations of human rights in different branches of Iran’s Revolutionary Courts.” These amendments list an additional seven individuals under Schedule 1 and entered into force on 19 June 2023.
On 13 June 2023, Canada announced amendments to the Special Economic Measures (Haiti) Regulations in response to “acts of significant corruption.” These amendments list an additional two individuals under the Schedule of the Regulations and took effect on 13 June 2023.
Baker McKenzie’s Sanctions Blog published the alert titled Canada Announces Additional Sanctions in Response to Theft of Ukrainian Cultural Objects and Seizes Russian Cargo Aircraft on 16 June 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
Consumers and investors alike are increasingly shifting their focus towards both “green” products and investments in sustainable businesses and those with aspirational environmental and climate goals. Since environmental and sustainability claims have become ever more powerful marketing tools, they are also increasingly vulnerable to complaints of “greenwashing” — the practice of overstating the environmental characteristics or benefits of a company or a product.
Baker McKenzie’s Sanctions Blog published the alert titled Canada Announces Additional Sanctions in Relation to Russia and Updates Guidance on Sanctions Evasion on 24 May 2023. Read the article via the link here. Please also visit our Sanctions Blog for the most recent updates.
The Government of Canada recently introduced Part 1 of the budget implementation bill, which completed its second reading before the House of Commons and has been referred to the Standing Committee on Finance. The Bill proposes novel amendments, including “deemed ownership” provisions to the Special Economic Measures Act and the Justice for Victims of Corrupt Foreign Officials Act and it demonstrates that the Government intends to rely on existing anti-money laundering enforcement regimes to eliminate sanctions circumvention and enforce sanctions compliance. Additionally, the Bill seeks to expand the Government’s authority to prohibit activities with specific persons under the SEMA.