1、Sanctions Year-in-Review 2023Grow|Protect|Operate|Finance2 Sanctions Year-in-Review 2023Contents4.I.Executive Summary6.II.Russia7.Canada7.European Union8.Ukraine9.United Kingdom9.Financial Sanctions9.Trade Sanctions10.United States12.III.Regional highlights and developments13.Canada13.European Union

2、14.Ukraine14.United Kingdom15.United States18.IV.Enforcement19.Canada19.European Union20.Ukraine20.United Kingdom21.United States21.Highlights of Notable Cases22.Key Trends24.V.Forecast for 202425.Canada25.European Union25.Ukraine26.United Kingdom26.United States28.ContactsSanctions Year-in-Review 2

3、023 3I.Executive Summary4 Sanctions Year-in-Review 20232023 reflected a continued trend of coordination across multiple geographies,including shared resources among the UK,US,and Europe in response to continued Russian aggression.With sanctions remaining a key foreign policy tool,in jurisdictions ac

4、ross the globe 2023 saw sanctions targeting traditional financial and trade transactions with sanctioned jurisdictions such as Russia and Iran,but also the growing use of sanctions against China,expansion of human rights sanctions,and court challenges and decisions regarding the scope of sanctions.I

5、n this years Sanctions Year in Review,our global team synthesizes major developments,and looks ahead to the trends that are likely to make an appearance in 2024.It is our pleasure to present this overview,and we look forward to working with many of you in the coming year.Sanctions Year-in-Review 202

6、3 5II.Russia6 Sanctions Year-in-Review 2023CanadaSince its invasion of Ukraine,Canada has imposed some of the most restrictive sanctions against Russia that it has ever imposed on any country.As of December 2023,Canada has imposed a strict dealings prohibition on a total of 1,475 Russian individuals