Copa Holdings, the parent company of Latin American airlines Copa Airlines and Wingo, recently disclosed to the U.S. government that it may have violated U.S. sanctions against Cuba.
The U.K. issued a new version of a Russia-related legal services general license to reset the cap on fees that can be paid to British law firms by parties subject to Russia-related sanctions. The legal fees cap is set at about $2.68 million (or 2 million pounds) per law firm and the expenses cap at 10% of the legal fees, up to about $268,000 (or 200,000 pounds), for the duration of the license. The license takes effect April 29 and expires Oct. 28. The previous license expired April 28 (see 2410290017).
The Office of Foreign Assets Control this week sanctioned three vessels and their owners for supporting the Yemen-based Houthis and the group's attacks on commercial shipping in the Red Sea, including by supplying them with oil shipments.
The Council of the European Union on April 25 extended its sanctions on Myanmar for one year, pushing them to April 30, 2026. The restrictions currently apply to 106 individuals and 22 entries and include an asset freeze, arms embargo and restriction on the export of dual-use goods and equipment for monitoring communication that may be used for internal repression.
The State Department praised Paraguay April 24 for designating Iran’s Islamic Revolutionary Guard Corps (IRGC) a terrorist organization and expanding 2019 terrorist designations for the armed wings of Hamas and Hezbollah to cover the entirety of those organizations. “The important steps Paraguay has taken will help cut off the ability of the Iranian regime and its proxies to plot terrorist attacks and raise money for its malignant and destabilizing activity, including in the Tri-Border Area Paraguay shares with Argentina and Brazil,” the department said.
The U.K. extended the general sanctions license permitting insolvency-related payments and activities involving GTLK Europe and GTLK Capital until July 31, 2030. The license specifically permits any individual or corporation to "make, receive or process any payments, or take any other action, in connection with any Insolvency Proceedings, whether prior to or after the commencement of such proceedings." The license had been slated to expire July 31, 2025.
The U.K. dropped 12 entities from its Syria sanctions regime on April 24, including major government ministries and media outlets, according to a notice from the Office of Financial Sanctions Implementation. Those entities are the Ministry of Interior, Ministry of Defence, General Intelligence Directorate, Air Force Intelligence Agency, Political Security Directorate, Syrian National Security Bureau, Military Intelligence Directorate, Army Supply Bureau, General Organisation of Radio and TV, Al Watan, Cham Press TV and Sama TV.
The U.S. should designate the Polisario Front as a foreign terrorist organization (FTO) for its destabilizing activities in North Africa, according to a new Hudson Institute report.
The U.K. Office of Financial Sanctions Implementation on April 23 added three FAQs to address issues surrounding the use of sanctions licenses that mention Rosbank PJSC and Bank Otkritie.
Secretary of State Marco Rubio told Trinidad and Tobago Prime Minister Stuart Young that he will work very closely with Young's administration "to find a solution that achieves U.S. objectives regarding Venezuela without harming Trinidad and Tobago."