Sanctions Pulse 2024

LexisNexis Risk Solutions’ “Sanctions Pulse 2024” provides comprehensive analysis of global sanctions activity from four core regulators: the United Nations, European Union, US Office of Foreign Assets Control and UK Office of Financial Sanctions Implementation. With 274 list updates throughout 2024 resulting in 14% more net designations, this report confirms a new elevated sanctions era.

Key insights include:

• Russia-related sanctions continue to dominate regulatory activity, accounting for 71% of OFAC’s net designations and 73% of the EU’s.
• Iran-related sanctions have expanded beyond nuclear concerns to target Tehran’s military support to Russia and activities against Israel.
• New sanctions programs have emerged targeting extremist settlers in the West Bank and Russia’s destabilizing activities against EU democracies.
• Sanctions evasion networks operating from China, Türkiye, the UAE and Central Asia face increasing regulatory scrutiny.