UK, France and Germany propose new EU sanctions against Iran

Today, the EU Foreign Ministers will discuss the proposal  for new EU sanctions against Iran. The UK, France and Germany have proposed such new EU sanctions on Iran for reasons of its ballistic missile programme and Syria. Allegedly, the three EU countries, by proposing these new sanctions, are attempting to persuade the US to continue its commitment to the JCPOA. Earlier this year, on 12 January 2018, President Trump agreed on a waiver to suspend sanctions on Iran for the … Continued

B&A Law joins Wladimiroff Advocaten

Dear Clients and Friends, It is with great pleasure and excitement that we can announce that, as of 1 February 2018, B&A Law has joined the best regulatory and criminal enforcement law firm of the Netherlands, Wladimiroff Advocaten N.V. ( At Wladimiroff, we will be fully responsible for the economic sanctions and export controls practice, under practically the same conditions as we did at B&A Law. At Wladimiroff, you can expect from us the same dedication, the same high-quality service … Continued

New designations US Russia sanctions regime

On 26 January 2018, the United States (“US“) Department of the Treasury’s Office of Foreign Assets Control (“OFAC“) designated 21 individuals and 9 entities under the US Russia sanctions regime. The designations include three individuals and two entities related to Russia’s transfer of four turbines made by a Russian-German joint venture to Crimea. The US has taken these measures in order to maintain sanctions pressure on Russia, until it fully implements its commitments under the Minsk agreements.  According to OFAC, … Continued

Canadian-Iranian man sentenced to 32 months in prison for violating the US Iran sanctions regime

On 15 December 2017, mr. A. Soofi (“Soofi“), a Canadian-Iranian dual national, was sentenced to 32 months in prison for violating the International Emergency Economic Powers Act (“IEEPA”).  Soofi already pleaded guilty  to one count of conspiracy to violate the IEEPA on 7 September 2017. According to the ofcourt documents, Soofi, between 2014 and December 2016, conspired to export military items, such as helicopters, machine gun parts and tank parts, from the United States (“US“) to Iran, both directly and through transshipment … Continued

Australian man charged for violating UN and Australian North Korea sanctions regime

On 17 December 2017, an Australian man was charged for violating the United Nations (“UN“) and Australian North Korea sanctions regime. According to the Australian Federal Police (“AFP“), the man acted as an economic agent for the Government of North Korea in Australia. The AFP have alleged, that he was involved in brokering the sale of missiles and missile components and expertise from North Korea to other international entities and attempting to transfer coal from North Korea to entities in Indonesia and … Continued

Dentsply Sirona Inc. to pay USD1,220,400 for violating US Iran sanctions regime

On 6 December 2017, Dentsply Sirona Inc. (“Dentsply“), a US company specialising in dental solutions, agreed to pay the Office of Foreign Assets Control (“OFAC“) USD1,220,400 in order to settle its potential liability for apparent violations of the United States (“US“) Iran sanctions regime. OFAC determined, that between November 2009 and July 2012, Dentsply committed 37 violations of the Iranian Transactions and Sanctions Regulations. According to OFAC, during this period indirect subsidiaries of Dentsply had exported 37 shipments of dental equipment and supplies from the … Continued

EU extends Russia sanctions with another six months

Yesterday, 14 December 2017, at an EU summit, the EU leaders agreed to another six months extension of the EU sanctions regime against Russia, as laid down in EU Regulation 833/2014. This regulation concerns measures related to the export of certain goods (dual-use and military items and equipment for the oil and gas industry) as well as financial sanctions. The current sanctions will expire in July 2018 unless renewed in time. We will keep you updated. Meanwhile, should you require further information … Continued

Dutch transporting company fined EUR 50,000 for transiting military items to Russia

On 23 November 2017, a Dutch court fined Dutch transporting company U-Freight Holland B.V. EUR 50,000 for transiting military items to Russia. The director of the company was also prosecuted, but was acquitted as he was unaware of the transactions. On 17 March 2017, the Dutch company forwarded 2 defect radar systems from the Malaysian military via the Netherlands to Russia for repair. The freight was stopped at Dutch customs because, under the current European sanctions, which contain an arms … Continued

BCC Corporate to pay USD 204,000 for violating US Cuba sanctions regime

On 17 November 2017, BCC Corporate SA (“BCCC”),  a Belgium-based credit card issuer and corporate service company, agreed to pay USD 204,000 in order to settle its potential liability for apparent violations of the US Cuba sanctions regime. The Office of Foreign Assets Control (“OFAC“) determined, that between April 9, 2009 and February 3 2014, BCCC committed 1,818 apparent violations of the Cuban Assets Control Regulations, 31 C.F.R. part 515 (“CACR“). At the time of the violations, BCCC was a wholly … Continued

EU adopts Venezuela sanctions regime

On 13 November 2017, the European Union (“EU“) Council published its conclusions on Venezuela, and agreed on targeted sanctions in view of its concerns at the situation in the country. The EU Venezuela sanctions regime includes an arms embargo, and will also introduce a legal framework for travel bans and asset freezes against those involved in human rights violations and non-respect for democracy or the rule of law. The official Council press release can be found here. Council Regulation (EU) 2017/2063 can be … Continued