The U.K. amended its definitions for "extraordinary situations and extraordinary expenses" under the Office of Financial Sanctions Implementation's general sanctions guidance related to the agency's approach to licensing grounds.
The European Council on May 14 broadened the scope of its sanctions framework on Iran due to that nation's support for Russia's war in Ukraine. The council expanded the bloc's ability to impose sanctions on not only unmanned aerial vehicles (UAVs) but "missiles too." The EU can now target individuals and entities "supplying, selling or otherwise being involved in transferring Iran's missiles and UAVs" in support of the war in Ukraine or used by armed groups that undermine security in the Middle East and Red Sea region. The council also barred the export of components used in the "development and production of UAVs from the EU to Iran."
Sanctions and export control attorney Keil Ritterpusch has joined Buchanan Ingeroll as a shareholder in the international trade and national security practice group, the firm announced May 13. Ritterpusch has worked across the defense, aerospace and software sectors and has helped clients put in place compliance programs involving the International Traffic in Arms Regulations, Export Administration Regulations, Foreign Trade Regulations, Office of Foreign Assets Control regulations and Foreign Corrupt Practices Act requirements.
Laos formally accepted the World Trade Organization Agreement on Fisheries Subsidies May 13, moving the total number of countries that have accepted the deal to 74. The WTO requires 36 more to reach the two-thirds threshold needed for full acceptance of the agreement to be able to enter into effect.
The U.K. High Court of Justice on May 10 made permanent a court order blocking sanctioned Russian entity VEB from taking a dispute with Barclays Bank to an arbitration court in Russia. The court rejected VEB's claim that British sanctions "frustrated" an arbitration agreement between the parties.
China voiced its opposition to the Bureau of Industry and Security's recent move to add 37 Chinese technology companies, manufacturing firms, research institutions and others to the Entity List (see 2405090023), saying Beijing will "safeguard the legitimate rights and interests of Chinese companies," according to an unofficial translation of a news release that highlights a response to a reporter's question at a Beijing press conference. A Chinese Ministry of Commerce spokesperson accused the U.S. of "overextending" its concept of national security and said it has "abused" its export control measures.
The U.K. High Court of Justice on May 3 said funds are subject to sanctions when a party can prove that the funds are being "in fact controlled" by a sanctioned party, not when there's "only reasonable cause to suspect" they are controlled by a sanctioned party, according to the Global Sanctions blog.
The U.K. on May 8 amended one entry under its Russia sanctions regime, updating the listing for Said Mikhailovich Gutseriev. The amended listing now shows that Gutseriev worked as a director of various Russian financial services and energy extractive companies, which operate in "sectors of strategic significance to the Government of Russia."
China on May 7 voiced its opposition to the U.S. reportedly revoking the export licenses that Intel and Qualcomm use to sell certain semiconductors to Huawei (see 2405070081). The Ministry of Commerce said the move violates World Trade Organization commitments, according to an unofficial translation.
Florida resident Yuksel Senbol pleaded guilty on May 8 to conspiracy to violate the Export Control Reform Act, violating ECRA and violating the Arms Export Control Act, among other crimes, for her role in fraudulently procuring contracts to supply the Defense Department with "critical military components," DOJ announced.