pi_circular Compliance & regulationGeopolitical risk Skuld
The majority of the sanctions against Syria were lifted in 2025 following the fall of the Assad regime. However, certain individuals and entities remain subject to asset freeze measures so that each transaction will need to be evaluated carefully. EU The EU in 2025 relaxed its sanctions against Syria and now most energy-related transactions are authorized. Council Regulation (EU) No 36/2012 was the regulation containing the prohibitions. The Council Regulation (EU) 2025/407 has now suspended the previous prohibitions contained in: Articles 6, 6a, 6b, 7, 7a, 8, 9, 9a, 10, 11, 12, 13, 13a, 21a, 21b and 26a. On 28 May 2025, the European Council then lifted nearly all remaining sectoral sanctions on Syria. In particular, in addition to delisting 24 entities from the list of EU Designated Persons (now including the Syrian Central Bank), the EU has also completely lifted most other previously applicable sectoral restrictions (see the amending regulation here ). Several key restrictions remain in place, including: Security-related measures , including the arms embargo and export controls on equipment that could be used for internal repression; The designation of individuals and entities linked to the Assad regime ; and New listings under the EU Global Human Rights Sanctions Regime in response to the violence in Syria in March 2025, targeting two individuals and three entities for serious human rights violations . United States In August 2025 the US Office of Foreign Assets Control has published a final rule revoking the Syrian Sanctions Regulations. The US revoked its sanctions on Syria on 30 June 2025 – see EO 14312 . EO 14312 announced a policy change towards Syria, President Trump announcing that the circumstances which gave rise to the Syria sanctions had changed in the months since Syria’s regime change. The final rule means that as of 26 August 2025, the Syrian Sanctions Regulations are rep
INSIGHT: Syria Sanctions
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