Lebanon

Information as of: 31st August 2021

Latest Updates
UN
US  Restrictive measures stated under EO13441 was extended until 1 August 2022
EU On the 30 July 2021 the EU adopted (EU) 2021/1275 and  (CFSP) 2021/1277 framework for targeted sanctions against people and entities “responsible for undermining democracy or the rule of law in Lebanon” who then may be subject to travel bans and asset freezes.
UK
The Lebanon (Sanctions) (Assassination of Rafiq Hariri and others) (EU Exit) Regulations 2020 gives effect to the UN sanctions regime and The Lebanon (Sanctions) (EU Exit) Regulations 2020 gives effect to the UN sanctions arms embargo after Brexit wef: 31 Dec 2020. 
Arms Embargo
UN S/Res/1701 (2006)
US Yes, Effective 2006
EU 2006/625/CFSP. Effective 2006
UK
The Lebanon (Sanctions) (EU Exit) Regulations 2020 wef: 31 Dec 2020.
 
Further Details
UN S/Res/1636 (Oct 2005) freezes assets of individuals designated by International Independent Investigation Commission or Government of Lebanon. Ceases when Committee reports to UN that proceedings relating to terrorist attack are completed, unless otherwise decided by UNSC.
US EO 13441 (Jul 2010) potential assets freezes on designated individuals. All restrictive measure under EO 13441 were extended for another year effective 30 July 2019. Restrictive measures under EO 13441 extended for a further year until 1 August 2021. Restrictive measures stated under EO13441 was extended until 1 August 2022
EU 2006/625/CFSP (Sep 2006) prohibit financing / providing financial assistance for military activities unless authorised by Lebanese Government or UN force, also designates competent authorities which can grant required authorisations (updated by EU in Jun 2007). On the 30 July 2021 the EU adopted (EU) 2021/1275 and  (CFSP) 2021/1277 framework for targeted sanctions against people and entities “responsible for undermining democracy or the rule of law in Lebanon” who then may be subject to travel bans and asset freezes.
UK
The Lebanon (Sanctions) (Assassination of Rafiq Hariri and others) (EU Exit) Regulations 2020 gives effect to the UN sanctions regime and The Lebanon (Sanctions) (EU Exit) Regulations 2020 gives effect to the UN sanctions arms embargo after Brexit wef: 31 Dec 2020. 
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.