Welcome to our first edition of the Sanctions Watchlist weekly digest focused on providing you with up-to-date news and valuable insights on sanction watchlists and regulatory developments.

Last week, OFAC issued three separate general licenses covering Iran, Syria and Venezuela intended to facilitate COVID-19 related transactions. Meanwhile, OFSI updated the UK Maritime Services Ban and Oil Price Cap exception industry guidance outlining the obligations and its approach to implementation and enforcement.

On the international front, the EU introduced restrictions against Kosovo, mirroring similar measures taken by the US late last month.