UN Security Council calls on ban of oil trades from listed terrorist groups

Tweet Listed terrorist group takes over energy infrastructure The Security Council of the United Nations today called on its members not to engage in financial or commercial transactions with listed terrorist groups, in particular involving the sale of oil from Syria or Iraq that would involve the financing of terrorism. Anti-terrorism and sanctions laws In […]

Canada makes its first corporate prosecution for economic sanctions violations

Tweet Although Canadian economic sanctions have been in place for years, until now Canada has never prosecuted any company for sanctions violations. That changed earlier this month when Lee Specialities Ltd., a Calgary based company, was charged with violating Canadian (and UN) economic sanctions by exporting goods to Iran that could be used for nuclear devices. […]