Canada adopts Yemen sanctions

On October 8, 2014, the Canada Gazette published Regulations Implementing the United Nations Resolution on Yemen (SOR/2014-213, Sept. 26, 2014) pursuant to the United Nations Act.  The Regulations Implementing the United Nations Resolution on Yemen (the Regulations) are necessary for Canada to fulfill its international legal obligation to implement the applicable deci¬sions of the Security Council set out in Resolution 2140 (2014).

The Regulations prohibit any person in Canada and any Can¬adian outside Canada from knowingly

• dealing directly or indirectly, in any property in Canada as of February 26, 2014, or at any time after that date, that is owned or controlled by a designated person, by a person acting on behalf of, or at the direction of, a designated person or by a person owned or controlled by a designated person;
• entering into or facilitating, directly or indirectly, any finan¬cial transaction related to a dealing referred to above;
• providing any financial or other related service in respect of the property referred to in the first bullet above;
• making any property or any financial or related service avail¬able to a designated person, to a person acting on behalf of, or at the direction of, a designated person or to a person owned or controlled by a designated person; or
• making property or any financial or other related service available for the benefit of any person referred to above.

The Regulations include a number of exceptions to the above-noted prohibitions, including allowing a person whose property is affected by the prohibitions to apply for a certificate from the Min¬ister of Foreign Affairs to exempt the property from the prohibi¬tions. Exemptions include if the property is necessary for basic or extraordinary expenses, or if the property is the subject of a judi¬cial, administrative or arbitral lien or judgment, a hypothec, prior claim, mortgage, charge or security interest.