On March 17, 2014, the federal government introduced two new regulations under Canada’s Special Economic Measures Act imposing an asset freeze on senior government officials and other individuals and entities in Russia and Crimea in connection with the recent developments in Crimea. The federal government subsequently amended these regulations to designate additional names, including a number of Russian banks. The Special Economic…

  On March 5, 2014, the federal government introduced targeted economic sanctions against the representatives of the former government of Ukraine by regulations made under the Freezing Assets of Corrupt Foreign Officials Act (FACFOA). The Freezing Assets of Corrupt Foreign Officials (Ukraine) Regulations (Ukraine Regulations) impose an asset freeze in respect of the assets of senior officials of the former Ukrainian government and their…