International sanctions—an introduction — 2022
Produced in partnership with Roger Matthews of Dentons and John Binns of BCL Solicitors LLP
Last updated on 11/08/2022

The following Corporate Crime practice note produced in partnership with Roger Matthews of Dentons and John Binns of BCL Solicitors LLP provides comprehensive and up to date legal information covering:

  • International sanctions—an introduction
  • What are sanctions?
  • Imposing sanctions
  • EU framework
  • Jurisdictional reach of EU sanctions
  • Member State national measures
  • Crown dependencies and UK overseas territories
  • Imposing sanctions in the UK
  • Adopting sanctions
  • Designating persons
  • More...

International sanctions—an introduction

What are sanctions?

Sanctions are non-permanent restrictions or prohibitions imposed by governments that regulate how its people and companies engage with sanctions target countries or regimes. Sanctions may, for example, prohibit certain types of goods from being exported to or imported from a sanctions target country, or may identify individuals, companies or vessels in that other country with whom it is prohibited to do business. In some cases, certain activities may be authorised under a licence granted by competent authorities.

Sanctions are an essential foreign policy tool. They can be made against countries, regimes, organisations, individuals and entities. They are intended to bring about a change in policy or activity in the target country, region, government, companies or individuals. There should, therefore, be a link between the target of the sanction and the overall foreign policy objective.

Sanctions may be classified by category, such as trade, financial, transport or immigration sanctions. This distinction is descriptive of the type of prohibition and determines which government department applies and enforces the sanctions. In broad terms:

  1. financial sanctions—refer to measures which restrict dealings in money and the provision of financial services. Examples of financial sanctions include measures to freeze the assets of named persons or entities, restrictions on investing in certain sectors in a country, restrictions on the types of financial arrangements with named entities, restrictions on the transfer

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