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Ooh, a good question… which OFAC answers!

956. For the Belarus, Ukraine-/Russia-related, and Venezuela-related sanctions programs, how does OFAC view modifications to pre-existing loans, contracts, or other agreements to replace London Interbank Offered Rate (LIBOR) as the reference rate? Answer In July 2017, the United Kingdom Financial Conduct Authority (FCA) announced the “future cessation and loss of representativeness” of […]

EU also part of the joint Belarus actions…

Belarus: EU adopts 5th package of sanctions over continued human rights abuses and the instrumentalisation of migrants Video: https://newsroom.consilium.europa.eu/embed/230849 Belarus: EU imposes new sanctions on 17 individuals & 11 entities The Council decided today to impose restrictive measures on an additional 17 individuals and 11 entities in view of the situation in Belarus. Today’s decision targets […]

Canada expands Belarus sanctions, too

Minister Joly announces additional sanctions on Belarusian individuals and entities in response to ongoing and systematic human rights violations December 2, 2021 – Stockholm, Sweden – Global Affairs Canada The Honourable Mélanie Joly, Minister of Foreign Affairs, today announced new sanctions on 24 individuals and 7 entities under the Special Economic […]

UK adds more Belarus sanctions

Press release UK imposes further sanctions to hold Lukashenko regime to account for human rights violations in Belarus The UK imposed more sanctions in response to the Lukashenko regime’s continued disregard for international law, and ongoing human rights violations in Belarus. From:Foreign, Commonwealth & Development Officeand The Rt Hon Elizabeth Truss MPPublished2 […]

G7 Foreign Ministers’ Statement on Belarus

G7 Foreign Ministers’ Statement on Belarus MEDIA NOTE OFFICE OF THE SPOKESPERSON NOVEMBER 18, 2021Share The text of the following statement was released by the G7 foreign ministers of Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States of America, and the High Representative of the European […]

EU expands scope of Belarus sanctions

Belarus: EU broadens scope for sanctions to tackle hybrid attacks and instrumentalisation of migrants The Council today amended its sanctions regime in view of the situation at the EU’s border with Belarus, so as to be able to respond to the instrumentalisation of human beings carried out by the Belarus […]