Weekly Vol. 10 | 14 Aug – 18 Aug 2023

Weekly Vol. 10 | 14 Aug – 18 Aug 2023

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In the latest edition of our Sanctions Watch weekly digest, we present significant updates on sanction watchlists and regulatory developments.

The OFAC Compliance Communique offers essential guidance for providing humanitarian aid to Syria, catering to both NGOs and the broader public, and ensuring responsible assistance to the Syrian population amidst complex sanctions.

Ukraine’s new State Sanctions Register law establishes a comprehensive list of active personal sanctions, offering open access to consolidated information on sanctioned individuals and entities, set to launch in the coming year.
Switzerland aligns with the EU’s 11th package of sanctions against Russia, expanding measures to counter circumvention, including bans on exports of dual-use goods and securities, to counteract Russia’s military activities and aggression towards Ukraine.

The West African regional organization ECOWAS has criticized and denounced the recent coup in Niger. In response, they have implemented economic and financial sanctions on Niger, including the freezing of Nigerien assets within regional central banks. Additionally, both the European Union and France have taken a stance against the coup by withdrawing their financial support from Niger.