The global economic sanctions landscape was active during the third quarter (Q3) of 2020 as regulators continued to impose sanctions across a number of issues, including Iran, Venezuela, elections interference, arms trafficking, and human rights abuses.
Key highlights from Q3:
- 52 updates were issued by major regulators in the third quarter (an increase of 44% compared to Q2)
- Significant increase in new designations: 221 records added to the major sanctions lists (compared to 234 combined for Q1/Q2 combined)
- The total count of all major regulatory sanctions updates to date through 2020 is 149
- The U.S. regulator OFAC was the most active, while the EU struggled to achieve consensus for new sanctions on several international issues (Belarus, Turkey/Greece, and China)
View the Sanctions Pulse infographic to learn more about sanctions indicators shown by major regulators.