Sanctions
Restrictive measures such as asset freezes, travel bans, and trade restrictions imposed by jurisdictions or international organisations against specific persons, entities, or states to address violations of international law, human rights, or security threats.
Foresight tracks Sanctions developments and surfaces the alerts most likely to matter before they turn into missed deadlines, recalls, or escalation work.
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Last updated
12 May 2026, 18:44
Latest Sanctions alerts
The most recent regulatory and guidance signals tracked by Foresight
US OFAC Designates Iran-Linked Shipping Firms and Chinese Petrochemical Company Under E.O. 13902
In April 2026, the US Treasury’s Office of Foreign Assets Control added nine Iran-linked shipping companies and Chinese petrochemical company Hengli Petrochemical Dalian Refinery, along with associated vessels, to the SDN list under Executive Order 13902. These sanctions tighten restrictions on Iranian petroleum and petrochemical trade, so energy and chemical supply chains relying on the named firms must recheck counterparties, routing, and US-dollar exposures to avoid prohibited dealings.
United StatesEU High Representative Announces Third-Country Alignment with Iran Sanctions Decision (CFSP) 2026/774
In May 2026 the EU High Representative announced that ten European partner countries have aligned their national policies with the EU’s latest Council Decision amending sanctions against Iran. This extends EU-style Iran asset freezes and listings to additional jurisdictions, heightening sanctions screening and trade-compliance risks for companies operating or dealing in those markets.
European Union
Albania
Bosnia & Herzegovina
Iceland
Liechtenstein
Moldova
Montenegro
North Macedonia
Norway
Serbia
UkraineEU High Representative Announces Alignment of Eight Third Countries With Ukraine Sanctions Decision 2026/614
The EU has confirmed that eight European third countries have aligned with Council Decision (CFSP) 2026/614, which adds nine Russian military officers linked to atrocities in Bucha to the Ukraine territorial integrity sanctions list. This extends asset-freeze and travel-ban obligations into those jurisdictions without creating new sector-specific trade or chemical restrictions, so groups operating or banking there should update sanctions screening and counterparty controls accordingly.
European UnionAlbaniaBosnia & HerzegovinaIcelandMoldovaMontenegroNorth MacedoniaNorwayUkraineUK Adds 12 New Iran Sanctions Designations to UK Sanctions List
On 11 May 2026 the UK updated its sanctions list to add 12 new designations under the Iran sanctions regime, expanding the scope of parties subject to UK sanctions measures. Companies with Iran-linked customers, suppliers or financial relationships should promptly re-screen counterparties against the updated list to avoid breaching strengthened UK sanctions restrictions.
United KingdomUK Issues Iran Sanctions Notice Adding 12 New Designations
On 11 May 2026 the UK issued a sanctions notice under The Iran (Sanctions) Regulations 2023 adding 12 individuals and entities to the Iran regime, making them subject to asset freezes, travel bans and director disqualification where specified. This materially heightens sanctions and counterparty risk for UK and international businesses with Iran-linked exposure, requiring prompt updates to screening, controls and counterpart due diligence to avoid prohibited dealings with the newly designated parties.
United KingdomEU Council Decision 2026/1072 Adds 16 Persons and 7 Entities to Ukraine Sanctions List
In May 2026 the EU Council adopted Decision (CFSP) 2026/1072 adding 16 individuals and 7 entities to its Ukraine territorial integrity sanctions list. Companies with EU touchpoints must urgently re-screen counterparties and ensure no funds or economic resources flow to these newly listed parties, adjusting contracts and supply-chain relationships where needed.
European UnionEU Council Adds 16 Individuals and 7 Entities to Ukraine Territorial Integrity Sanctions List Over Deportation of Ukrainian Children
In May 2026 the EU Council adopted Implementing Regulation (EU) 2026/1055 to add 16 individuals and 7 Russian youth and military-patriotic organisations to the Ukraine territorial integrity sanctions list for their role in deporting, indoctrinating, and militarising Ukrainian children. These designations immediately extend asset-freeze and no-funds obligations under the existing sanctions regime, so companies with any exposure to Russia or occupied Ukrainian territories must rapidly update screening and due diligence to avoid direct or indirect dealings with the newly listed parties.
European UnionEU Council Adds 16 Persons and 7 Entities to Ukraine Territorial Integrity Sanctions List
In May 2026 the EU Council adopted Decision (CFSP) 2026/1072, adding 16 individuals and 7 Russian state-linked organisations to the Ukraine territorial integrity sanctions list with immediate effect. This widens EU sanctions exposure for financial institutions and companies dealing with Russian and occupied-territory counterparties, requiring rapid updates to screening tools, KYC and contractual controls.
European UnionEU Council Adds 16 Persons and 7 Entities to Ukraine Territorial Integrity Sanctions List
In May 2026 the EU Council adopted Decision (CFSP) 2026/1072, adding 16 individuals and 7 entities linked to the unlawful deportation, forced transfer and indoctrination of Ukrainian children to its Ukraine territorial integrity sanctions regime. This broadens the scope of EU restrictive measures, so companies with exposure to Russia, Ukraine or related supply chains should quickly refresh sanctions screening, reassess high‑risk counterparties and anticipate further tightening of human‑rights‑based trade and financial controls.
European UnionEU Council Restores Full Application of EU–Syria Cooperation Agreement
In May 2026 the Council of the European Union adopted a decision terminating the partial suspension of the 1977 EU–Syria Cooperation Agreement, restoring its full application after EU economic sanctions on Syria were largely lifted in 2025. This step reopens preferential trade under the agreement for Syrian oil, petroleum products and certain mineral commodities and signals political normalisation, while EU security-related restrictive measures remain in force and companies must still manage sanctions and counterparty risk before re-engaging.
European Union
SyriaEU Court of Justice: Hungary Challenges Council Regulation (EU) 2025/2600 on Russian Central Bank Assets (Case C-186/26)
Hungary has asked the EU Court of Justice to annul Council Regulation (EU) 2025/2600, which bans transfers of Russian central bank assets and imposes detailed reporting obligations on EU financial institutions and market infrastructures. The challenge creates legal and operational uncertainty around a core Russia sanctions measure, so banks, insurers and financial market infrastructures should monitor the case for potential changes to asset-freeze and reporting requirements.
European UnionUS OFAC Issues New SDN Designations Under Executive Orders 13224 and 13902
On 28 April 2026 the US Office of Foreign Assets Control designated additional Iran- and Hong Kong-linked entities for inclusion on the Specially Designated Nationals list under Executive Orders 13224 and 13902, later published in the Federal Register on 11 May 2026. Companies with any US nexus should immediately treat these parties as fully blocked, update sanctions screening and counterparty due diligence, and consider heightened secondary sanctions risk when dealing with associated networks.
United StatesUS OFAC Publishes New SDN Listings Under Executive Order 13902
US Treasury's Office of Foreign Assets Control has designated additional persons under Executive Order 13902 and published a Federal Register notice on 11 May 2026 confirming their addition to the SDN List. These designations immediately block the listed parties' property within US jurisdiction and require companies with US exposure to update sanctions screening and avoid transactions that directly or indirectly involve them.
United StatesUS OFAC Publishes Belarus Sanctions General License 14 for Belinvestbank and Affiliates
US OFAC has published General License 14 under the Belarus Sanctions Regulations, authorising transactions that would otherwise be prohibited when they involve Belinvestbank and specified Belarusian affiliates. Companies with Belarus-related payments or trade exposure should adjust sanctions screening and banking arrangements to take advantage of this licence where appropriate while ensuring other sanctioned persons and blocked property remain fully restricted.
United StatesFinland Consults on National Enforcement of EU Forced‑Labour Products Regulation
Finland has launched a public consultation on a draft law to enforce the EU regulation banning products made with forced labour, designating a national supervisory authority with powers to investigate cases and impose financial sanctions from December 2027. This will harden human-rights-based trade controls and increase supply chain due diligence expectations for companies placing products on the Finnish and wider EU market.
FinlandEuropean UnionUS House of Representatives Introduces H.R.8670 To Prohibit Exports of Crude Oil, Gasoline and Diesel During Military Operations Against Iran
US lawmakers have introduced H.R.8670, a bill that would ban exports of crude oil, gasoline and diesel fuel during periods when US military operations are underway against Iran. If advanced, this measure could significantly affect US-origin fuel trade flows and supply chains, so exporters and downstream users should monitor its progress and prepare for potential disruption scenarios.
United StatesUS OFAC Sanctions 20 Energy and Shipping Firms and 19 Vessels for Operating in Iran Petroleum Sector
In April 2026 the US Treasury’s Office of Foreign Assets Control designated 20 shipping, trading and energy companies and 19 associated vessels under Executive Order 13902 for operating in Iran’s petroleum and petrochemical sectors. These sanctions immediately block dealings by US persons with the listed entities and ships, increasing compliance risk for global crude, LPG and petrochemical supply chains that may rely on them for transport, trading or refining.
United StatesUS House Introduces H.R. 8681 on Sanctions for Forced Labor in Cobalt Mining
In May 2026, a new US House bill (H.R. 8681) was introduced to impose sanctions on foreign persons that employ forced or child labor in cobalt mining abroad. If it advances, this proposal could materially raise sanctions and reputational risks for cobalt-linked supply chains, reinforcing expectations for human-rights due diligence and supplier screening.
United StatesUS OFAC General License 13P Authorising Certain Administrative Transactions Under Executive Order 14024
OFAC’s General License 13P temporarily allowed US persons and US‑owned entities to make certain Russia-related tax and fee payments and obtain permits that would otherwise be prohibited under Directive 4 of Executive Order 14024, with the authorisation running until 9 April 2026. This narrow, now‑expired carve‑out required companies with operations or legacy exposures in Russia to segregate eligible administrative payments from broader sanctioned activities and to plan for renewed constraints once the licence lapsed.
United StatesEU Council Issues Corrigendum to Regulation (EU) 2026/506 Correcting Russia Sanctions Bank Name
The Council has issued a corrigendum to Regulation (EU) 2026/506 to correct the name of a sanctioned Russian bank in the German-language version of Annex XIV to the EU’s Russia sectoral sanctions regime. Although purely technical, this correction requires sanctions screening systems and documentation, particularly where German legal references are used, to be updated to ensure accurate matching and avoid false negatives.
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