Offshore Sudan

International Sanctions

Country/organisation which imposed sanctions	Start date	Date of expiration
Australia Arms export Asset freeze and prohibition to make funds available Restrictions on admission	30.07.2004	Until revision
Canada Asset freeze and prohibition to make funds available Restrictions on admission Arms embargo Prohibitions on the provision of technical, financial and other assistance in the service of military equipment and technology	23.09.2004	Until revision
Council of the EU Asset freeze and prohibition to make funds available Arms export Restrictions on admission	15.03.1994	Until revision
Switzerland Asset freeze and prohibition to make funds available Restrictions on admission Arms export	25.05.2005	Until revision
UN Security Council Asset freeze and prohibition to make funds available Restrictions on admission Arms export	30.07.2004	Until revision
United Kingdom Asset freeze and prohibition to make funds available Restrictions on admission	06.07.2020	Until revision
USA Prohibition of Sudan transport operations Financial measures Asset freeze under US jurisdiction Investments Prohibition of financial support to the Government of the Sudan Prohibition of intermediary financial transactions Restrictions on goods and services	04.11.1997	Until revision

What are international sanctions?

International sanctions are imposed by international organisations or individual states: comprehensive sanctions completely block any types of trade and financial transactions with entire countries, sectoral sanctions apply to certain sectors of the economy and groups of persons, while targeted sanctions restrict such transactions with individuals and/or businesses. Sanctions take various forms: financial and trade restrictions, asset freezes, travel bans on individuals, etc. Occasionally, sanctions imposed on individuals may extend to their counterparties too.

Existence and degree of cooperation risks depend on the type and nature of the sanctions bearing on the countries involved in relevant transactions. For example, supply of foodstuffs at the time of an arms embargo may bear no signs of risk. Meanwhile, dealing in optical devices amid a prohibition of transactions in dual-use goods can be high-risk.

Suspicions that a transaction or its participants, their activities or sources of their assets are involved in commission of actions, punishable by international sanctions, may result in suspension of/withdrawal from financial transactions, investigations lodged by law enforcement agencies, etc. This can lead to financial losses, business destabilisation, negative legal implications and reputational risks.
In each case, assumption (suspicion) of possible risks should be based on results of a thorough analysis of all available information.

Disclaimer

Information in the International Sanctions section of the YOUCONTROL System (including other related data in the YOUCONTROL System) is for reference only. This information contains general description of international sanctions, does not replace any of the existing official data, does not establish any facts or circumstances of legal significance and shall not be used as audit, legal or other expert opinions.

Where this information is used by anyone for the purpose of making managerial, legal, financial, organisational or any other decisions or action (or inaction) at their own discretion, holders of ownership rights for the YOUCONTROL System, website https://youcontrol.com.ua, shall not be liable for the consequences.