03:47 pm. European Union member states have agreed on a fourth package of sanctions against Russia following its invasion of Ukraine, the office of the French EU presidency has announced. He was blacklisted by the European Union leaders will impose new sanctions on Russia, freezing its assets, halting its banks access to Fired Russian Formula One driver Nikita Mazepin and his father Dmitry have been included on a list of individuals who face European Union sanctions over Russia's invasion of Ukraine.

As well as 15 individuals, Council Regulation (EU) 2022/427 adds nine entities operating in the shipping, aviation, military and dual-use and machine building sectors to the designated list. Thanks to Martin Chorzempa, Jeffrey J. Schott, Gary Clyde Hufbauer, Jacob Funk Kirkegaard, Takeshi Tashiro, Nicolas Vron, Yilin Wang, and numerous other colleagues for contributions. EU Sanctions: Commission to Allow Russia to Resume Transports to Kaliningrad.

European Union. EU sanctions list; EU sanctions list. With this latest revision of the Ordinance on Measures connected with the Situation in Ukraine (the Ordinance), Switzerland has adopted the EUs latest package of sanctions (see blogpost here). Latest EU sanctions to target Russian oil and banks. The list of partner countries is intended to contain countries applying a set of export control measures substantially equivalent to the measures set out in the EU sanctions. The first is a complete import ban on all forms of Russian coal. The United Kingdom will ban Russia's national airline, Aeroflot, and apply sanctions to Belarus "for its role in the assault on Ukraine," the prime minister added. Additionally, on April 1, the Commerce Departments Bureau of Industry and Security (BIS) added 120 entities in Russia and Belarus to the Entity List. Share. Further sanctions have been announced by the UK Foreign Secretary and are expected in the coming days. On 23 February 2022, the EU expanded the sanctions in response to the recognition of the non-government controlled areas Print. This post, originally published on March 14, 2022, will be updated as sanctions evolve in response to Russias invasion of Ukraine. 03:47 pm. Sanctions are the go-to tool when leaders want to do something about Russia, but most of the penalties over the past decade have been economically minor and ineffective at changing Russian policy. Why is it so difficult to convert Americas Chemical weapons. Steel demand continues to rise worldwide. May 25, 2022 07:11. Financial Sanctions Notice 16/06/2022 Russia Introduction 1. Council Regulation (EU) 2022/334 and Council Decision (CFSP) 2022/335 . II. These are summarised below. II. Russian parliament: The EU, Switzerland and Canada have imposed sanctions on 351 members of the Russian Duma who voted to recognise the independence of Donetsk and Luhansk, placing them on a travel ban and asset freeze list. Tue 1 Mar 2022 12.52 EST First published who has been on the sanctions list since March 2021. Russian parliament: The EU, Switzerland and Canada have imposed sanctions on 351 members of the Russian Duma who voted to recognise the independence of Donetsk and Luhansk, placing them on a travel ban and asset freeze list. The Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. Following the sanctions, Italian authorities seized Melnichenko's $600 million Sailing Yacht A. The EU has imposed six packages of sanctions against Russia since President Vladimir Putin's forces invaded Ukraine in February. On April 8, 2022, the UK announced that it would ban all new UK outward investment into Russia, end all imports of Russian coal and oil by the end of 2022 and designated the daughters of Vladimir Putin and regime associate Sergey Lavrov. State Department Press Release & Factsheet, Treasury Press Release & Notice, White House Factsheet. Following the adoption of restrictive measures (sanctions) on February 21 and 23, 2022 (see our previous briefing of ), on February 25 and 28, 2022, the Council of the EU (Council) has adopted further far-reaching sanctions targeting: (1) several key sectors of the Russian economy, (2) Russian policy makers, (3) Russias ability to conduct financial The sanctions also affected Russian-funded banks, Moscows ability to access EU capital and financial markets and services, and ban EU trade in the two areas so that those responsible can clearly feel the economic consequences of their illegal aggression. EU High Representative Josep Borelj said that sanctions would hurt Russia very much. The UK Treasury has published another list of Russian individuals subject to financial sanctions. With the rapid expansion of UK, EU and US sanctions on Russia and Belarus in recent weeks - and with more in the regulatory pipeline we set out: What's New This Week (to 4 July) A 5-step checklist for assessing how your activities may be affected. Since the publication of our March 24, 2022, and March 17, 2022, client alerts, the U.S., U.K. and European Union, among other allied nations, have imposed additional sanctions and export controls on key elements of the Russian economy with the continued invasion of Ukraine.. List Of Sanctions On Russia 2022 (LIVE UPDATES) by KingstonDome: 8:31pm On Feb 26. On 3 June 2022, the European Council finally adopted the sixth set of economic and individual sanctions targeting Russia and Belarus. On 15th March, 2022 the EU implemented further sanctions on Russia by way of Council Regulation (EU) 2022/427 and Council Regulation (EU) 2022/428. EU The Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. EU Actions. On April 8, 2022, the UK announced that it would ban all new UK outward investment into Russia, end all imports of Russian coal and oil by the end of 2022 and designated the daughters of Vladimir Putin and regime associate Sergey Lavrov.

February 28, 2022 9:41 pm. EU. UN. On 15th March, 2022 the EU implemented further sanctions on Russia by way of Council Regulation (EU) 2022/427 and Council Regulation (EU) 2022/428.

We are adding today to our sanctions list further key individuals and It EU sanctions list. Chinese nickel price rises w-o-w by almost 14%. Thanks to Martin Chorzempa, Jeffrey J. Schott, Gary Clyde Hufbauer, Jacob Funk Kirkegaard, Takeshi Tashiro, Nicolas Vron, Yilin Wang, and numerous other colleagues for contributions. Russian banks; extending the list of state-owned companies sanctioned; target the Russian elite by prohibiting their deposits in EU banks so that they cannot hide their money in the EU. Press Release, Press Release, Fact Sheet & EU Council Conclusions. As well as 15 individuals, Council Regulation (EU) 2022/427 adds nine entities operating in the shipping, aviation, military and dual-use and machine building sectors to the designated list . EU Regulation 2020/1481. The European External Action Service (EEAS) assists the HR/VP in fulfilling his/her mandate and has a key role in the preparation, maintenance and review of sanctions, as well as in the communication and outreach activities concerning them in close cooperation with Member States, relevant EU delegations and the European Commission. Print. Designations The EU has designated Russian President Putin and Foreign Minister Lavrov as well as members of the National Font size. Transport sector. These include four banks, as alluded to in the summary above. 07th May, 2022. Council Regulation (EU) 2022/334 and Council Decision (CFSP) 2022/335 . New UK, EU and US Sanctions on Russia and Belarus update as of 4 July. The EU adopted additional Russia sanctions today (28 February 2022) and on Friday (25 February 2022). Sanctions on Russia are not a new thing and it is a tool the most powerful nations use to threaten the Russian Federation. Closure of EU airspace to all Russian-owned, registered or controlled aircraft, including private jets of oligarchs. March 17, 2022 By Olof Konig, Fredric Ericsson, Riccardo Ovidi and Roberto Cursano 7 Mins Read. Council Implementing Regulation (EU) 2022/427 adds 15 individuals and 9 entities to the EU Sanctions List. 8) Regulations 2022 introduced to the UK-Russia Regulations: A prohibition on the export, supply, delivery, or making available luxury goods to Russia, a person connected with Russia, or for use in Russia (the items to which these measures apply are listed in Schedule 3A); Richard Tauwhare. OFAC Notice & Press Release, State Department Press Release, Aerospace, electronics & marine sanctions The Treasury Secretary has issued a Determination which extends the application of Section l (a) (i) of Executive Order EU UPDATE: SANCTIONS IN REACTION TO RUSSIA'S INVASION OF UKRAINE This is a consolidated version with information from the various Client Alerts published since 4 March 2022. On Tuesday (28 June 2022), the US Departments of Treasury and State imposed further Russia sanctions. The sanctions adopted by the EU on 23 February in response to the decision by the Russian Federation to recognise the non-government-controlled areas of the Donetsk and Luhansk oblasts of Ukraine as independent entities, remain fully in effect. Trade sanctions adopted on 23 February 2022. Instead, the European Council emerged from meetings on March 24 and 25 releasing a statement that the European Union has so far adopted significant sanctions that are having a massive impact on Russia and Belarus.. Richard Tauwhare.

Russian coal: import and purchase restrictions. The Russia (Sanctions) (EU Exit) (Amendment) (No. The European Union also expanded its list of Russian individuals and entities under sanctions and introduced a massive 5th package of economic and individual sanctions targeting fuel import/export, transport bans, and crypto-asset services restrictions. European Union member states have agreed on a fourth package of sanctions against Russia following its invasion of Ukraine, the office of the Share. Concretely, Russian carriers are prohibited to land in, take off from or overfly the territory of the Union, except in the case of an emergency landing or emergency Sanctions imposed on Russia 2022, by actor. He was blacklisted by the EU in 2014.

For general guidance on export controls and trade sanctions, contact the Export Control Joint Unit (ECJU): email: exportcontrol.help@trade.gov.uk or tradesanctions@trade.gov.uk. Updated Arkady Volozh, CEO of Russia's biggest internet company Yandex, has resigned after being added to the European Union's list of individuals sanctioned as part of its response to the illegal invasion of Ukraine. EU, U.S. and U.K. sanctions programs implemented back then have been maintained ever since, serving as the legal foundation of the 2022 successive actions. The newly listed individuals include prominent Russian business leaders Roman Abramovich and German Khan as well as other individuals involved in key economic sectors, such as the iron and steel, energy, banking, media and military sectors. The UK Treasury has published another list of Russian individuals subject to financial sanctions. This fifth package of sanctions is comprised of six elements. Human rights. List Of Sanctions On Russia 2022 (LIVE UPDATES) by KingstonDome: 8:31pm On Feb 26. For a summary of prior US sanctions and export controls related to Russia adopted since February 21, 2022, please see our Steptoe blog posts from March 21, March 8, and February 27. The names of the new designated persons can be found in Council Implementing Regulation (EU) 2022/581. The Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. Consolidated List of Travel Bans. New rules significantly expand the scope of existing sanctions on Russia and impose extensive new export controls. EU Regulation 2022/658. Terrorism. The Council of the EU Friday imposed its fifth round of economic and individual sanctions against Russia for its ongoing aggression against Ukraine. On 15 March 2022, the EU added the following 15 businesspersons and 9 entities to the EU Asset Freeze List. The European Union has not announced any further sanctions since March 15, 2022. Articles. The use of restrictive measures against Patriarch Kirill represents is a new stage of escalation in relations between Russia and the West. Special Report-Dozens of Russian weapons tycoons have faced no Western sanctions. EU introduces additional sanctions against Russia. On February 23, the EU sanctioned the 336 members of Russias parliament that voted in favor of recognition, a list that includes two billionaires, Andrei Skoch and Leonid Simanovsky. European Union. These additional designations were decided pursuant to the EU sanctions program related to Russias invasion of Ukraine under one of the new criteria added on February 25, 2022, by Regulation 2022/330. European Union. The European Union has expanded its already-long list of sanctions against Russia to heavily restrict the export of EU-made luxury goods towards the oil-rich country. The newly listed individuals include prominent Russian business leaders Roman Abramovich and German Khan as well as other individuals involved in key economic sectors, such as the iron and steel, energy, banking, media and military sectors. These are summarised below. The ban on imports of The new The measures include the first EU sanctions against Russian energy with a coal embargo estimated to be worth 4 billion per year. Ban on the provision of all related repair, maintenance or financial services. The measures include the first EU sanctions against Russian energy with a coal embargo estimated to be worth 4 billion per year. Russia's top tech CEO accused of material support to Moscow. In June 2022, the Council adopted a sixth package of sanctions that, among others, prohibits the purchase, import or transfer of crude oil and certain petroleum products from Russia to the EU. Check the EU sanctions map. The measures include the first EU sanctions against Russian energy with a coal embargo estimated to be worth 4 billion per year. Rebel fighters involved in prisoner swap. On April 8, 2022, the EU imposed further restrictive measures on Russia in light of Russia's continuing war of aggression against Ukraine, and the reported atrocities committed by Russian armed forces in Ukraine.. Aviation sector: the EU imposed an overflight ban on the EU airspace and on access to EU airports by Russian carriers of any kind. A previous sanctions package was adopted on 23 February 2022 (see previous post). 05/07/2022. Aviation sector: the EU imposed an overflight ban on the EU airspace and on access to EU airports by Russian carriers of any kind. FACT: 70% of the Russian banking system (in assets), government and key state-owned companies, will no longer be able to refinance in EU capital markets. contracts concluded before 26 February 2022, provided that the licence application is submitted before 1 May 2022. State Department Press Release & Factsheet, Treasury Press Release & Notice, White House Factsheet. A culmination of sanctions compliance challenges Altogether, 2022 sanctions developments in relation to Russia magnify trends and challenges observed for the past decade or so: The United Kingdom will ban Russia's national airline, Aeroflot, and apply sanctions to Belarus "for its role in the assault on Ukraine," the prime minister added. Apr 19, 2022. Fired Russian Formula One driver Nikita Mazepin and his father Dmitry have been included on a list of individuals who face European Union sanctions over Russia's invasion of Ukraine. Gold slipped 1.2% to just under $1,785 an ounce on Friday. On April 8, 2022, the EU released a fifth wave sanctions package in light of Russias continuing war of aggression against Ukraine, and the reported atrocities committed by Russian armed forces in Ukraine. The economic sanctions and trade restrictions include the following: Sanctions on Oligarchs and Kremlin Officials Trade sanctions adopted on 23 February 2022. EU Commission president Ursula von der Leyen said a fifth round of sanctions would increase financial pressure on Russia, which was waging a cruel and ruthless war on Ukraine and that these atrocities cannot and will not be left unanswered. Most Popular: Article Russian Federation, April 2022. The restrictions will apply gradually: within six months for crude oil and within eight months for other refined petroleum products. Canada, the European Union, Japan, New Zealand, Taiwan, the United Kingdom, and the United States unveiled a series of sanctions against Russia targeting banks, oil Latest EU sanctions to target Russian oil and banks. Russia's stock market was closed Monday. On 15 March, the EU introduced further sectoral measures targeting the Russian economy. Adopted by. Restrictive measures in view of Russia's actions destabilising the situation in Ukraine (sectoral restrictive measures) EU Afghanistan. State Department Press Release & Factsheet, Treasury Press Release & Notice, White House Factsheet. Council Implementing Regulation (EU) 2022/427 adds 15 individuals and 9 entities to the EU Sanctions List. Vladimir Putin has signed a broad decree forbidding the 7/1/2022, 8:39:32 AM. Save. These actions have been closely coordinated, including in response to reports of possible war Published On 24 Feb 2022 24 Feb 2022. The sanctions also affected Russian-funded banks, Moscows ability to access EU capital and financial markets and services, and ban EU trade in the two areas so that those responsible can clearly feel the economic consequences of their illegal aggression. EU High Representative Josep Borelj said that sanctions would hurt Russia very much. We have set out in the following sections an analysis of the relevant legislation, published late on 8 April. Our latest briefing summarises further UK and EU sanctions developments in response to the conflict in Ukraine. Tue 1 Mar 2022 12.52 EST First published who has been on the sanctions list since March 2021. Russia's top tech CEO accused of material support to Moscow. Department of State The Department of State has imposed visa restrictions on 511 officers of the Russian military and 18 Russian nationals pursuant to On June 3, 2022, the European Union (EU) published its sixth package of sanctions against Russia.

In the context of Russia's invasion of Ukraine, the US, UK, and the EU have all imposed sanctions and other measures targeting Russia and Belarus. The EU will apply restrictive measures to 351 members of the Russian Duma who voted on February 15 to appeal to Putin to recognize the independence of the self-proclaimed republics of Donetsk and Lugansk, according to the EU. April 14, 2022. Department of State The Department of State has imposed visa restrictions on 511 officers of the Russian military and 18 Russian nationals pursuant to Starting from 2014, the United States imposed 2,196 thousand sanctions on Russia as of June 30, 2022. The European Union today added 26 more people to its sanctions list imposed over Moscow's invasion of Ukraine, including some of Russian President Vladimir Putin's closest confidantes and On 29 June 2022, the Swiss Federal Council imposed further sanctions against Russia, in line with its announcement from 10 June (see blogpost here). Last update 26.06.2022 . At present, the list contains only the United States. Richard Tauwhare. Former Haas F1 driver Nikita Mazepin and his father, Dmitry Mazepin, have been added to the list of individuals sanctioned by This Client Alert is published in the The European Union also expanded its list of Russian individuals and entities under sanctions and introduced a massive 5th package of economic and individual sanctions targeting fuel import/export, transport bans, and crypto-asset services restrictions. On 21 April 2022, the EU added Serhiy Vitaliyovich Kurchenko and Yevgeniy Viktorovich Prigozhin to its Russia sanctions list. On Tuesday (28 June 2022), the US Departments of Treasury and State imposed further Russia sanctions. For a summary of prior US sanctions and export controls related to Russia adopted since February 21, 2022, please see our Steptoe blog posts from March 21, March 8, and February 27. BRUSSELS Top European Union officials say the bloc is set to impose sanctions on several Russian officials as well as banks financing the Russian armed forces. Russian banks; extending the list of state-owned companies sanctioned; target the Russian elite by prohibiting their deposits in EU banks so that they cannot hide their money in the EU. New trade sanctions target imports from Russia of steel products and exports to Russia of luxury goods. Additionally, on April 1, the Commerce Departments Bureau of Industry and Security (BIS) added 120 entities in Russia and Belarus to the Entity List. Updated 6 May 2022. Updated / Tuesday, 3 May 2022 16:21. The Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. Supply is already failing to keep up with demand and investors are on high alert for any further supply shortfalls that could occur through in a variety of ways, including damaged infrastructure in a war, sanctions on Russia or Moscow moving to weaponize Since late February 2022, the United States (U.S.), the European Union (EU) and its member states, the United Kingdom (U.K.), and many others including Japan, Australia, New Zealand, Taiwan and Canada have imposed sweeping new sanctions on Russia in response to its invasion of Ukraine. 9) Regulations 2022. Five Hong Kong companies have been sanctioned by the United States for reputedly providing support to Russias New EU asset freezes . Font size. Since late February 2022, the United States (U.S.), the European Union (EU) and its member states, the United Kingdom (U.K.), and many others including Japan, Australia, New Zealand, Taiwan and Canada have imposed sweeping new sanctions on Russia in response to its invasion of Ukraine. French Foreign Minister Jean-Yves Le Drian confirmed on Tuesday that EU sanctions against Russia had been "unanimously agreed to" by the bloc's top diplomats. Russias military aggression against Ukraine: EU imposes sanctions against President Putin and Foreign Minister Lavrov and adopts wide ranging individual and economic sanctions (25 February 2022) European Council conclusions (24 February 2022) Ukraine: Declaration by the High Representative on behalf of the European Union on the invasion of Today, the US added to its Russia sanctions measures. In the context of Russia's invasion of Ukraine, the US, UK, and the EU have all imposed sanctions and other measures targeting Russia and Belarus. by Jeff Pao June 30, 2022.

Update: New Russia and Belarus Sanctions (as of 22 June 2022) As a reaction to the decision by the Russian Federation to proceed with the recognition of the non-government controlled areas of the Donetsk and Luhansk oblasts of Ukraine as independent entities, and the subsequent decision to send Russian troops into several areas of the Ukraine, the EU has 19 April 2022 Russian aluminium appears on EU sanctions list. The United States and EU have sanctioned High Precision Systems, for example, while the UK has not. UN and EU. Web Desk. February 24, 2022: EU heads of state of government agreed on a set of sanctions. EU UPDATE: SANCTIONS IN REACTION TO RUSSIA'S INVASION OF UKRAINE This is a consolidated version with information from the various Client Alerts published since 4 March 2022. The UK took the same measure and included members of the Federation Council who voted in favour. BRUSSELS Top European Union officials say the bloc is set to impose sanctions on several Russian officials as well as banks financing the Russian armed forces. Along with 11 other Russians, the Patriarch of Moscow and All Russia Kirill is included. Press Release, Press Release, Fact Sheet & EU Council Conclusions.

As well as 15 individuals, Council Regulation (EU) 2022/427 adds nine entities operating in the shipping, aviation, military and dual-use and machine building sectors to the designated list. The sanctions seek to reinforce pressure on the Russian government and economy, and to limit On 15th March, 2022 the EU implemented further sanctions on Russia by way of Council Regulation (EU) 2022/427 and Council Regulation (EU) 2022/428. Weve already used the sanctions that dont cause us a lot of pain, such as travel bans on Putin allies and a ban on providing technology and loans to the Russian oil and gas sector. New sanctions would hurt companies that do business with Russia and could lead to retaliation. Western banks should be prepared for cyberattacks, Kilcrease said. 05/07/2022. Financial Sanctions Notice 04/07/2022 Russia Introduction 1.

Tue 1 Mar 2022 12.52 EST First published who has been on the sanctions list since March 2021.

A previous sanctions package was adopted on 23 February 2022 (see previous post). Since March 2014, the EU has progressively imposed restrictive measures (sanctions) against Russia, initially in response to the illegal annexation of Crimea and Sevastopol and the deliberate destabilisation of Ukraine. EU Actions. The European Union has not announced any further sanctions since March 15, 2022. Instead, the European Council emerged from meetings on March 24 and 25 releasing a statement that the European Union has so far adopted significant sanctions that are having a massive impact on Russia and Belarus.. The EU adopted additional Russia sanctions today (28 February 2022) and on Friday (25 February 2022). Stainless Espresso: EU sanctions Russian aluminium imports. By Syndicated Content Jul 1, 2022 | 4:06 AM.

Themes. Web Desk. The new measures were announced after informal meetings took place between the EU heads of state and the G7 Ban on exports, sales, supply or transfer of all aircraft, aircraft parts and equipment to Russia. Number of individuals sanctioned by the EU due to the Russia-Ukraine war 2022. With the rapid expansion of UK, EU and US sanctions on Russia and Belarus in recent weeks - and with more in the regulatory pipeline we set out: What's New This Week (to 4 July) A 5-step checklist for assessing how your activities may be affected.