Michelle Folinas

Apr 3, 2024 | lexology.com | Michelle Folinas |Jack Bowness

Global Affairs Canada (“GAC”) has provided four new responses to “Frequently Asked Questions” concerning the application of the economic sanctions under the Special Economic Measures Act, S.C. 1992, c. 17 (the “SEMA”) and its associated regulations, as well as the Justice for Victims of Corrupt Foreign Officials Act (Sergei Magnitsky Law), S.C. 2017, c. 21 (the “JVCFOA”). The following provides a summary of the recent clarifications:What happens when a person is designated?

Feb 28, 2024 | mondaq.com | Vincent DeRose |Jennifer Radford |Stéphanie Desjardins |Michelle Folinas

Canada has enacted new sanctions regulations against Guatemala under the Special Economic Measures Act, effective retroactively on February 16, 2024. The new Special Economic Measures (Guatemala) Regulations (the "Guatemala Regulations"), are intended to "support Canada's ongoing efforts to support the democratically-elected Arévalo government and the people of Guatemala in their fight to strengthen democracy and human rights".

Dec 12, 2023 | lexology.com | Stéphanie Desjardins |Jack Bowness |Michelle Folinas

Canada announced an additional round of sanctions under the Special Economic Measures (Russia) Regulations, SOR/2014-58 (the “Russia Regulations”) on December 12, 2023, effective retroactively as of December 8, 2023. This new round of sanctions adds 30 Russian nationals to Part 1 of Schedule 1 of the Russia Regulations.

Sep 18, 2023 | lexology.com | Vincent DeRose |Jennifer Radford |Stéphanie Desjardins |Michelle Folinas |Jack Bowness

On September 15, 2023, Canada released new sanctions under Schedule 1 of the Special Economic Measures (Iran) Regulations (the “Iranian Regulations”). The sanctions target six individuals for what Canada has identified as involvement in activities that constitute gross and systemic human rights violations. Canada states that those targeted are connected to Iran’s Supreme Council for Cultural Revolution, the Islamic Revolutionary Guard Corps, and the Iranian parliament.

Aug 25, 2023 | mondaq.com | Vincent DeRose |Jennifer Radford |Stéphanie Desjardins |Michelle Folinas

On August 22, 2023, the Government of Canada released new sanctions under Schedule 1 of the Special Economic Measures (Russia) Regulations (the "Russian Regulations"). The sanctions target four individuals and 29 entities connected to Russia's military-industrial complex, financial institutions, and nuclear sector.