Rep. Mike Lawler, R-N.Y., introduced a bill July 16 that would update the conditions for lifting sanctions in the Caeser Syria Civilian Protection Act of 2019.
House Foreign Affairs Committee ranking member Rep. Gregory Meeks, D-N.Y., announced July 17 that he has filed a discharge petition to force House floor consideration of his bill to increase sanctions and export controls on Russia over its invasion of Ukraine.
The U.K. issued a new Russian sanctions general license allowing non-designated parties who have made investments through sanctioned brokers to "transfer their funds to a non-designated broker." The license applies when the only sanctioned party involved is the broker. Under the license, an "Asset Holding Institution" can take steps to transfer any funds held by a central securities depository that the asset-holding institution "reasonably considers" are "investment assets of that" non-sanctioned account holder and relate to investment made by the non-sanctioned account holder with the sanctioned broker before it became sanctioned.
Seth Bailey, the State Department’s director for Korean and Mongolian Affairs, briefed U.N. member states last week on the first report of the Multilateral Sanctions Monitoring Team, the group formed last year by the U.S. and 10 of its close allies to report on North Korea-related sanctions evasion (see 2502210005 and 2506050046). Bailey outlined “evidence” of North Korean arms and materiel transfers to Russia, Russian transfers of military technology to North Korea, and Russian training of North Korean troops in Russia, the State Department said. Bailey added that the monitoring team plans to continue publishing reports on North Korea’s “sanctions violations across a range of topics.”
The U.K. on July 18 added to its Russia and cyber sanctions regimes, listing three people and one entity under the Russia list and 18 individuals and one entity under the cyber list.
Moscow’s Higher School of Economics, a Russian public research university, has launched a two-year master's program focused on mitigating and navigating international sanctions, the Moscow Times reported. The program is described as the first of its kind in Russia, and it aims to train students about how to "identify and assess the risks of sanctions and other measures imposed by supervisory authorities on companies." The program, which is reportedly not funded by the Russian government, costs about 490,000 rubles, or $6,260, annually, with 20 seats reserved for Russian citizens and two for international students.
The Council of the European Union on July 15 sanctioned Russian individuals and entities for committing human rights abuses and engaging in destabilizing actions abroad through foreign information manipulation.
The Council of the European Union on July 15 added people and entities to its Iran, Haiti and Moldova sanctions list and renewed the Haiti sanctions regime for another year.
The Office of Foreign Assets Control fined a Connecticut-based online investment broker $11,832,136 to settle alleged violations of multiple U.S. sanctions programs, saying the company illegally provided services to sanctioned people and restricted countries, and it processed trades in securities of blocked Chinese military companies.
Finnish customs authorities are investigating a Helsinki-based forwarding company for a yearslong alleged scheme to violate sanctions by illegally delivering about 300,000 euros', or about $350,000, worth of goods to Russia.