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EU Council publishes regulation defining scope of restrictive measures against Iran On 21 December 2012, the EU Council approved the implementing regulation (Regulation (EU) No 1263/2012 amending…

EU adopts further sanctions package against Russia On 8 April 2022 the EU adopted a fifth package of sanctions on Russia, comprising of several Regulations and Decisions: Council Regulation…

Circular 8/20: IG Sanctions Response To The US Global Maritime Advisory OUTLINE • On 14 May 2020 the US issued a Global Maritime Advisory (“Guidance”) aimed at a range of industry sectors including…

Circular 7/14: Iran Sanctions Circular on the Extension of Sanctions Relief under the Joint Plan of Action OUTLINE The six-month temporary relief of EU and US sanctions measures relating to…

Circular 4/18: Iran Sanctions OUTLINE The International Group is seeking clarification directly from OFAC on a number of aspects of the application of the Presidential Memorandum of 8 May,…

Circular 18/15: Lifting of Certain Sanctions under the Joint Comprehensive Plan of Action (JCPOA) OUTLINE Advice to Members regarding insurance cover arrangements following partial lifting of…

Circular 13/22: EU Sanctions - updated FAQs published by the EU on the carriage of certain Russian cargoes including coal and fertilisers On 19 September 2022, the EU amended its FAQs clarifying…

Circular 11/22: 8th EU Sanctions Package The EU adopted an eighth package of sanctions on 6 October 2022 in response to Russia’s continued military aggression against Ukraine.  A number of…

Circular 11/20: Nord Stream 2 and TurkStream – Update on New US Sanctions Outline This Circular is to raise awareness of an expansion in United States sanctions, targeting the construction of the…

Circular 11/19: United States Sanctions on the Government of Venezuela and Petroleos de Venezuela, S.A. (PdVSA) OUTLINE On 5th August 2019, the United States (US) administratrion increased its…