ARTICLE
22 October 2024

UK Weekly Sanctions Update - Week Of October 14, 2024

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In this weekly update, we summarise the most notable updates in the UK sanctions world. If you have any questions in respect of any of the developments set out below...
United States International Law

In this weekly update, we summarise the most notable updates in the UK sanctions world. If you have any questions in respect of any of the developments set out below, please do not hesitate to contact a member of our London Global and Government Trade team listed above.

1. Russia Sanctions

2. Global Human Rights Sanctions

3. Iran Sanctions

4. North Korea Sanctions

  • Joint statement on the establishment of multilateral sanctions monitoring team: On October 16, 2024, the UK Government, together with the governments of nine other nations (including The Republic of Korea, Japan and the USA) issued a joint statement regarding the establishment of the Multilateral Sanctions Monitoring Team (the "MSMT"). MSMT will monitor violations and evasions of the UN Security Council Resolutions by North Korea. The launch of the MSMT follows the termination of the Panel of Experts' mandate for the UNSC 1718 Sanctions Committee, who oversaw cases of non-compliance of UN Security Council Resolutions by North Korea at UN-level. (Joint statement on establishing Multilateral Sanctions Monitoring Team (MSMT) - GOV.UK (www.gov.uk)).

5. Other Sanctions

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This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

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