Canada extends sanctions against Russia

17 Sep 2014 12:00 am by

Posted on September 17th 2014 by Maya Lester on europeansanctions.com

Canada extended its Russia sanctions regime yesterday. The new sanctions in brief summary are:

  1. Impose additional asset freezes and travel bans on Russian individuals, Russian arms manufacturers and one financial institution (Sberbank).

  2. Impose additional restrictions on the terms under which designated Russian banks can access capital markets, by prohibiting the issuance of any loan carrying a maturation date greater than 30 days.

Further details are available here.

Read the full post here: http://europeansanctions.com/2014/09/17/canada-extends-sanctions-against-russia/

This article first appeared on European Sanctions Law & Practice (http://europeansanctions.com/), a blog by Maya Lester (+44 20 7379 3550, maya.lester@brickcourt.co.uk), a barrister at Brick Court Chambers, and Michael O'Kane (+44 (0) 20 7822 7777 mokane@petersandpeters.com), head of Business Crime at Peters & Peters.