Update on Canadian Regulations Related to Russia

March 10, 2022

The Government of Canada has passed new regulations related to Russia, under the Special Economic Measures Act.

The regulations impose an asset freeze and prohibit dealings with designated persons, including both individuals and entities. For more information on the regulations, visit the Government of Canada webpage on Canadian Sanctions Related to Russia.

The Law Society of Alberta establishes regulatory standards for Alberta lawyers through the Rules of the Law Society of Alberta and the Code of Conduct. Lawyers are prohibited from assisting clients to engage in illegal conduct. Alberta lawyers are responsible to ensure they comply with all federal and provincial laws, including sanctions issued by the federal government under the Special Economic Measures Act affecting Russian companies and individuals.

Lawyers dealing with Russian companies and individuals, whether in Russia or elsewhere, should determine whether those companies or individuals are on the sanctions list. Lawyers may be required to consider whether and to what extent they can act for the client or if they have a duty to withdraw.

Lawyers are also reminded of their obligations to comply with the Client ID and Verification Rules (Rule 119.45 – Rule 119.55).