Human Rights

Information as of: 31st May 2021

Latest Updates
UN
US

On 6 Dec 2012, the Sergei Magnitsky Rule of Law Accountability Act of 2012 (Magnitsky Act) was signed into law imposed asset freezes and travel bans on Russian officials thought to be responsible for the assassination of Sergei Magnitsky. On 23 December 2016, the regime was expanded to apply globally under the Global Magnitsky Human Rights Accountability Act (Global Magnitsky Act), which imposes asset freezes and travel bans on entities/individuals deemed responsible for gross violations of internationally recognized human rights. On 21 Dec 2017, EO 13818 expanded the scope of the Global Magnitsky Act sanctions and targeted a broader range of persons associated with serious human rights abuse, corruption or the transfer of the proceeds of corruption. Various entities and individuals have since been designated.

EU

Effective 7 Dec 2020, (CFSP) 2020/1999 effected the EU human rights regimes and allows for asset freezes and travel bans to be imposed on entities/individuals designated under the regime. Various entities and individuals have since been designated.

UK

Effective 6 Jul 2020, the UK put in place The Global Human Rights Sanctions Regulations 2020 which allows for asset freezes and travel bans on those entities designated as relating to serious violations of human rights. Various entities and individuals have since been designated.

Financial/Other Sanctions
UN
US 6 Dec 2012 Sergei Magnitsky Rule of Law Accountability Act of 2012 (Magnitsky Act), 23 December 2016 Global Magnitsky Human Rights Accountability Act (Global Magnitsky Act), 21 Dec 2017, EO 13818 
EU 7 Dec 2020, (CFSP) 2020/1999
UK 6 Jul 2020 The Global Human Rights Sanctions Regulations 2020
Arms Embargo
UN No
US No
EU No
UK No
Further Details
UN
US On 6 Dec 2012, the Sergei Magnitsky Rule of Law Accountability Act of 2012 (Magnitsky Act) was signed into law imposed asset freezes and travel bans on Russian officials thought to be responsible for the assassination of Sergei Magnitsky. On 23 December 2016, the regime was expanded to apply globally under the Global Magnitsky Human Rights Accountability Act (Global Magnitsky Act), which imposes asset freezes and travel bans on entities/individuals deemed responsible for gross violations of internationally recognized human rights. On 21 Dec 2017, EO 13818 expanded the scope of the Global Magnitsky Act sanctions and targeted a broader range of persons associated with serious human rights abuse, corruption or the transfer of the proceeds of corruption. Various entities and individuals have since been designated.
EU Effective 7 Dec 2020, (CFSP) 2020/1999 effected the EU human rights regimes and allows for asset freezes and travel bans to be imposed on entities/individuals designated under the regime. Various entities and individuals have since been designated.
UK Effective 6 Jul 2020, the UK put in place The Global Human Rights Sanctions Regulations 2020 which allows for asset freezes and travel bans on those entities designated as relating to serious violations of human rights. Various entities and individuals have since been designated.
This information has been collated by the International Underwriting Association of London and is intended as a guide only. The IUA does not accept any liability for the accuracy of this information.
This publication is intended to convey only general information about sanctions legislation and associated insurance coverage. It is not, and is not intended to be, a complete statement of the law relating to this area. It should not be relied on or be used as a substitute for legal advice in relation to any particular set of circumstances. Accordingly, IUA does not accept any liability for any loss which may arise from reliance on this information.