The Regulations impose an asset freeze and dealings prohibition on designated persons listed in Schedule 1, which include both individuals and entities. It is prohibited for any person in Canada and any Canadian outside Canada to:
deal in any property, wherever situated, held by or on behalf of a designated person whose name is listed in Schedule 1
enter into or facilitate, directly or indirectly, any transaction related to such a dealing
provide any financial or other related services in respect of such a dealing
make any goods, wherever situated, available to a designated person listed in Schedule 1
provide any financial or related service to, or for the benefit of, a designated person listed in Schedule 1
