Recent developments have resulted in the full reinstatement of UN sanctions against Iran, targeting the country's nuclear and ballistic missiles programmes. This, in turn, has triggered the EU and UK to adopt even broader restrictions against certain sectors in Iran and against persons and individuals connected with Iran.

On 29 September 2025, the US Bureau of Industry and Security (BIS) introduced a significant expansion of US export control measures by adopting the 'Affiliates Rule' under the Export Administration Regulations (EAR). This means that end-user controls are applied also on companies owned at least 50% or more by entities on the list in scope.

There have been recent developments in sanctions regimes across the UK, EU, and Norway, with particular focus on new designations, regulatory guidance, and price cap adjustments targeting Russian entities. The changes highlight increased enforcement and tightening of restrictions in response to ongoing Russian aggression against Ukraine.

The corporate offence of 'failure to prevent fraud', established by the Economic Crime and Corporate Transparency Act 2023 (ECCTA), is now in force as of 1 September 2025. This marks a significant new phase for large organisations with UK connections, which should now take steps towards active mitigation of fraud risks.

As anticipated, the European Union has reached an agreement on its 16th sanctions package against Russia, and the UK has announced its largest package of sanctions against Russia since 2022. The new measures aim to intensify pressure on the Kremlin on the day of the third anniversary of Russia's full-scale invasion of Ukraine. This package highlights the EU and UK's continued commitment to weakening Russia's war capabilities and supporting Ukraine, despite the concerns regarding the US' potential pressure on the EU the alleviate sanctions against Russia.

Hopp til hovedinnholdet

Mer om Liam