Update to UK Sanctions on Russia-Ukraine-Belarus (up to 9 August 2024)
Further to our blog post on UK Russia sanctions, please find below an updated table of sanctions.
Changes to Consolidated UK sanctions list
- 14 February 2022: Effected amendments to 17 entries still subject to asset freezing, removed duplicate aliases from 17 entries and amended entry related to Viktor Yanukovych (Group ID: 12891).
- 16 February 2022: Amendment to three designated persons who remain subject to asset freeze.
- 18 February 2022: Amending entries relating to the following individuals who are still subject to asset freeze: Oleksandr Viktorovych Yanukovych (Group ID: 12896), Petr Grigorievich Jarosh (Group ID: 12968) and Andrii Shypitsyn (Group ID: 13781).
- 22 February 2022: Addition of asset freezes on five Russian banks: Bank Rossiya (Group ID: 14177), IS Bank (Group ID: 14178), JSC GenBank (Group ID:14180), PJSC Promsvyazbank (Group ID:14180) and Black Seal Bank for Development and Construction. Addition of asset freezes on three prominent individuals: Gennady Nikolayevich Timchenko (Group ID 14181), Boris Romanovich Rotenberg (Group ID 14182) and Igor Arkadyevich Rotenberg (Group ID 14183).
- 23 February 2022: Amendments to the following designated persons who remain subject to asset freezing: Bank Rossiya and Black Sea Bank for Development and Construction.
- 24 February 2022: Amendment of the following entries on the consolidated list: United Aircraft Corporation (Group ID: 13121), Uralvagonzavod (Group ID 13122) and VTB Bank (Group ID 13080).
- 25 February 2022: Addition of Vladimir Putin and Sergei Lavrov as designated persons and imposition of asset freezes on them, see here.
- 28 February 2022: Addition of the following designated persons to the consolidated list and the imposition of asset freezes on them VEB.RF (Group ID 14198), Bank Otkritie Financial Corporation PJSC (Group ID:14199) and PJSC Sovocombank (Group ID 141200).
- 1 March 2022: PJSC Sberbank is made subject to additional restrictive measures on clearing in Sterling. In addition Andrei Burdyko, Victor Vladimirovich Gulevich, Sergei Simonenko, Andrey Zhuk, JSC 558 Aircraft Repair Plant and JSC Integral are all added to the asset freeze list.
- 3 March 2022: Addition of Alisher Usmanov and Igor Shuvalov to the asset freeze and travel ban list.
- 10 March 2022: Addition of Andrei Leonidovich KOSTIN, Alexei Borisovich MILLER, Oleg Vladimirovich DERIPASKA, Roman Arkadyevich ABRAMOVICH, Nikolai Petrovich TOKAREV, Dmitri Alekseevich LEBEDEV, Igor Ivanovich SECHIN, to the asset freeze and travel ban list.
- 11 March 2022: 386 individuals have been added to the consolidated list and are subject to an asset freeze. See here for the names of the individuals.
- 15 March 2022: 350 individuals have been added to the consolidated list and are subject to an asset freeze. See here for the names of the individuals.
- 15 March 2022: Addition of Armen Sumbatovich GASPARYAN, Suleyman Abusaidovich KERIMOV, Tigray Organesovich KHUDAVERDYAN, Dmitry Yevgenevich KULIKOV, Alexey Viktorovich KUZMICHEV, Alexander Alexandrovich MIKHEEV, Vladimir Valerievich RASHEVSKY, Viktor Filippovich RASHNIKOV, Andrey Valerievich RYUMIN, Marina Vladimirovna SECHINA, Artyom Grigoryevich SHEYNIN, Alexander Nikolayevich SHOKHIN, ROSNEFT AERO, JSC ZELENODOLSK SHIPYARD to the asset freeze list.
- 18 March 2022: Amended entries to the consolidated list and are still subject to an asset freeze are: FRIDMAN Mikhail Maratovic, AVEN Petr Olegovich, KHAN German Borisovich, TATARCHENKO Denis Sergeyevich, NEZHDANOVA Yevgeniya Vitalyevna, IGNATOVA Ekaterina Sergeevna, SHUVALOVA Maria Igorevna, KOLOKOLTSEV Vladimir, PUCHKOV Andrey Sergeevich, SHCHEGOLEV Igor Olegovich,ENBERG Liliya Arkadyevna, ROTENBERG Roman Borisovich, SHUVALOV Evgeny Igorevich, PRIGOZHIN Pavel Evgenyevich, KRANS Maksim Iosifovich, SOLOVYOV Yuri Alekseyevich, ROTENBERG Pavel Arkedyevich, RASHNIKOV Viktor Filippovich, KRAVCHENKO Vladimir Kasimirovich, LOBACH Tatyana, KIRIYENKO Vladimir Sergeevich, ULYUTINA Galina, VOLFOVICH Aleksandr Grigorievich, BOLOTOVA Maiya Nikolaevna.
- 24 March 2022: Belarus - Addition to the asset freeze list of BANK DABRABYT JOINT STOCK COMPANY, CJSC BELBIZNESLIZING, INDUSTRIAL-COMMERCIAL PRIVATE UNITARY ENTERPRISE MINOTOR-SERVICE, JSC TRANSVIAEXPORT AIRLINES, LIMITED LIABILITY COMPANY BELINVEST-ENGINEERING, OJSC KB RADAR-MANAGING COMPANY HOLDING RADAR SYSTEM.
- 24 March 2022: 33 individuals and 26 entities have been added to the consolidated list and are subject to an asset freeze. See here for the names of the individuals.
- 24 March 2022: Wind down of positions involving the designated Banks, Alfa Bank JSC, GazPromBank, Rosselkhozbank, SMP Bank, Ural Bank for Reconstruction and Development and Subsidiaries of the designated persons.
- 24 March 2022: Wind down of positions involving Bank Dabrabyt Joint Stock Company or its subsidiaries.
- 25 March 2022: The designated entity is Russian Railways. The Joint Venture is GEFCO, a Joint Venture owned by Russian Railways and Stellantis, GEFCO S.A Rue Jean Jaures, 20-22, 92800 Puteaux, France. A Subsidiary is any entity owned or controlled by the designated entity, including GEFCO UK Ltd, GEFCO Forwarding UK, Auto XP Limited and XP Tech Limited. NOTE: This was revoked on 12 April 2022.
- 25 March 2022: SOVCOMFLOT has been amended and is still under the asset freeze list and Oleg Yurievich TINKOV and Eugene Markovich SHVIDLER have also been corrected.
- 29 March 2022: The designated entity is Sovcomflot. This licence allows a person (other than the designated entity or a subsidiary) to wind down any transactions to which it is party involving the designated entity or a subsidiary including the closing out of any positions.
- 31 March 2022: 14 entries have been added to the consolidated list and are now subject to an asset freeze.
- The 12 designated individuals are: ANISIMOV Anton Sergeevich, ARESHEV Andrey Grigoryevich, BESPALOV Anton Sergeyevich, BRILEV Sergey Borisovich, BUBNOVA Irina Sergeyevna, MAKSIMENKO Vladimir Ilich, MIZINTSEV Mikhail Yevgenyevich, NIKOLOV Alexey Lvovich, SAENKO Sergei Ivanovich, SKOROKHODOVA Natalya Petrovna, ZAMLELOVA Svetlana Georgiyevna, ZHAROV Aleksandr Aleksandrovich.
- The two designated entities are: ROSSIYA SEGODNYA and TV-NOVOSTI.
- 31 March 2022: The following entries have been added to the consolidated list and are now subject to an asset freeze; PHOTON PRO LLP, MAJORY LLP, DJECO GROUP LP.
- 4 April 2022: Amended entry to the consolidated list is Andrey Anatolyevich TURCHAK and is still subject to an asset freeze.
- 5 April 2022: Amended entry to the consolidated list is Wagner Group and is still subject to an asset freeze.
- 6 April 2022: 10 entries have been added to the consolidated list and are now subject to an asset freeze.
- The 8 individuals are: IVANOV Sergei Sergeivich, ROTENBERG Boris Borisovich, AKIMOV Andrey Igorevich, DYUKOV Alexander Valeryevich, KOGOGIN Sergey Anatolyevich, GURYEV Andrey Grigoryevich, MIKHELSON, Leonid Viktorovich, KANTOR, Viatcheslav
- The two designated entities are: CREDIT BANK OF MOSCOW and PJSC SBERBANK (PUBLIC JOINT-STOCK COMPANY SBERBANK).
- 8 April 2022: Three entries have been added to the consolidated list and are now subject to an asset freeze: Katerina Vladimirovna Tikhonova, Maria Vladimirovna Vorontsova, Yekaterina Sergeyevna Vinokurova Further, the following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze: Evgeny Alekseevich Fedorov.
- 11 April 2022: The following entries have been amended and are still subject to an asset freeze: Evgeny Alekseevich FEDOROV, Tigran Organesovich KHUDAVERDYAN, Katerina Vladimirovna TIKHONOVA.
- 13 April 2022: 206 entries have been added to the Consolidated List and are now subject to an asset freeze. Further details can be found in the annex of the Notice, here.
- 13 April 2022: 9 individuals have been corrected to the consolidated list and are still subject to an asset freeze: AZARENOK Grigoriy Yurievich, EISMONT Natalia Nikolayevna, IPATAU Vadzim Dzmitryevich, HUSTYR Yulia Chaslavauna, KALINOUSKY Siarhei Aliakseevich, KASYANCHYK Alina Sergeevna, LUKASHENKO Viktor Aliaksandravich, SAKALOUSKI Ivan Yurievich, YARMOSHINA Lidzia Mihailauna.
- 14 April 2022: The following individuals have been added to the consolidated list and are now subject to an asset freeze: Eugene Tenenbaum, David Davidovich.
- 21 April 2022: 26 entries have been added to the consolidated list and are now subject to an asset freeze. 30 entries have been amended and are still subject to an asset freeze. Further details can be found in the annex to the Notice, here
- 26 April 2022: 195 entries have been amended and two entries corrected under the Russia financial sanctions regime and remain subject to an asset freeze. Further details can be found in the annex of the Notice, here.
- 4 May 2022: 63 entries have been added to the consolidated list and are now subject to an asset freeze. Also, Rossiya SEGODNYA and TV-NOVOSTI have been amended and are still subject to an asset freeze. Further details can be found in the annex of the Notice, here.
- 5 May 2022: One entry has been added to the consolidated list and is now subject to an asset freeze and this is: EVRAZ PLC.
- 9 May 2022: 88 entries have been amended on the consolidated list and still subject to an asset freeze. Further details can be found in the annex to the Notice, here.
- 13 May 2022: 12 entries have been added to the consolidated list and are now subject to an asset freeze and 10 entries have been corrected on the consolidated list and are still subject to an asset freeze. Further details can be found in the annex to the Notice, here.
- 19 May 2022: 3 entries have been added to the consolidated list and are now subject to an asset freeze and there are: JSC Rossiya Airlines, JSC Ural Airlines, PJSC Aeroflot.
- 24 May 2022: 63 entries have been amended and are still subject to an asset freeze. Further details can be found in the annex to the Notice, here
- 27 May 2022: 6 entries have been amended under the Belarusian regime and are still subject to an asset freeze. Further details can be found in the annex to the Notice, here
- 27 May 2022: 299 entries have been amended under the Russia regime and are still subject to an asset freeze. Further details can be found in the annex to the Notice, here
- 14 June 2022: 39 entries have been amended and are still subject to an asset freeze. Further information can be found in the annex to the Notice, here.
- 16 June 2022: 12 entries have been added to the consolidated list and are now subject to an asset freeze. Further information can be found in the annex to the Notice, here.
- 24 June 2022: 58 entries have been amended and 1 entry corrected and remain subject to an asset freeze. Further information can be found in the annex to the Notice, here.
- 29 June 2022: 13 entries have been added and are now subject to an asset freeze. 1 entry has also been corrected under and remains subject to an asset freeze. Further information can be found in the annex to the Notice, here.
- 4 July 2022: The following entries have been added to the consolidated list and are now subject to an asset freeze: Aleyona Anatolyevna Chuguleva, Yuriy Sergeyevich Fedin, Darya Aleksandrovna Dugina, Yevgeniy Eduardovich Glotov, Aelita Leonidovna Mamakova, Mikhail Anatolyevich Sinelin, United World International. Furthermore, 45 entries have been amended and 1 entry corrected under the Russia regime. Further information can be found in the annex to the Notice, here.
- 5 July 2022: The following entries have been added to the consolidated list and are now subject to an asset freeze: Denis Yakovlevich GAFNER and Valeriya KALABAYEVA. The following entries have been removed from the consolidated list and are no longer subject to an asset freeze: Yakov Vladimirovich REZANTSEV and Galina ULYUTINA. The following entries have been amended and are still subject to an asset freeze: Aleksandra Aleksandrovna KAMYSHANOVA, Yevgeniya Vitalyevna NEZHDANOVA and Valeriy Ivanovich POGREBENKOV. Further information can be found in the annex to the Notice here
- 7 July 2022: The following entity has been amended under the Belarus regime and remains subject to an asset freeze: LLC Synesis.
- 12 July 2022: 16 entries have been amended and 2 entries corrected under the Russia financial sanctions regime and remain subject to an asset freeze. Further information can be found in the annex to this Notice, here.
- 12 July 2022: 6 entries have been amended under the Belarus financial sanctions regime and remain subject to an asset freeze. Further information can be found in the annex to this Notice, here.
- 15 July 2022: The following entries have been removed from the consolidated list and are no longer subject to an asset freeze: Didier Casimiro and Zeljko Runje The following entries have been amended under the Russia regime and remain subject to an asset freeze: Sergei Ivanovich Saenko, Vladimir Leonidovich Sivkovich, Oleg Anatolyevich Voloshyn and Alrosa
- 20 July 2022: The following entries have been amended under the Russia regime and remain subject to an asset freeze: Irina Sergeyevna Bubnova, Sergei Sergeivich Ivanov, Natalya Petrovna Skorokhodova, Djeco Group LP, Majory LLP and Photon Pro LLP.
- 26 July 2022: 42 entries have been added to the consolidated list and are now subject to an asset freeze. Further information can be found in the annex to this Notice, here. Also, Vadim Anatolyevich LUKASHEVICH has been corrected on the consolidated list and remains subject to an asset freeze.
- 2 August 2022: The following entries have been added to the Russia regime and are now subject to an asset freeze: Didier Casimiro and Zeljko Runje. Also the following entry has been removed under the Russia regime and is no longer subject to an asset freeze: Olga Ayziman. 18 entries have been amended and are still subject to an asset freeze. Further information can be found in the annex to this Notice, here.
- 9 August 2022: 27 entries have been amended under the Russia financial sanctions regime and remain subject to an asset freeze. Further information can be found in the annex to this Notice, here.
- 23 August 2022: 42 entries have been amended under the Russia financial sanctions regime and remain subject to an asset freeze. The following entry has been removed from the Russia regime and is no longer subject to an asset freeze: Mikhail Vladimirovic Razvozhayev. Further information can be found in the annex to this Notice, here.
- 16 September 2022: 1 entry has been added to and 3 entries removed from the Russia financial sanctions regime. Further information can be found in the annex to this Notice, here.
- 26 September 2022: 92 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze. 3 entries have been amended and 1 entry corrected under the Russia financial sanctions regime and remain subject to an asset freeze. Further information can be found in the annex to this Notice, here.
- 30 September 2022: The following entry has been added to the consolidated list and is now subject to an asset freeze: Elvira Sakhipzadovna NABIULLINA. The following entries have been corrected and are still subject to an asset freeze: Alexey Ivanovich ISAYKIN and Alexander Dmitrievich KHARICHEV. Further information can be found in the annex to this Notice, here
- 4 October 2022: The following entry has been added to the Russia regime and is now subject to an asset freeze: Sergei Vladimirovich Yeliseyev.
- 20 October 2022: The following entries have been added to the consolidated list and are now subject to an asset freeze: Saeed Aghajani, Mohammad Bagheri, Seyed Hojjatollah Qureishi , Shahed Aviation Industries. The following entry has been amended on the consolidated list and remains subject to an asset freeze: Oleksandr Saulenko.
- 2 November 2022: The following entries have been added to the Consolidated List and are now subject to an asset freeze: Alexander Grigoryevich Abramov, Alexander Vladimirovich Frolov, Airat Mintimerovich Shaimiev, Albert Kashafovich Shigabutdinov. 3 entries have also been amended under the Russia regime and remain subject to an asset freeze. Further information can be found in the Notice, here.
- 11 November 2022: One entry has been amended and is still subject to an asset freeze: Eugene Markovich SHVIDLER. Further information can be found in the Notice, here.
- 30 November 2022: 22 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze. Further information can be found in the annex to this Notice, here.
- 9 December 2022: The following entry has been added to the consolidated list and is now subject to an asset freeze: Ramil Rakhmatulovich IBATULLIN. The following entries have been corrected and are still subject to an asset freeze: Maxim Alexandrovich LOKTEV, gor Anatolievich YEGOROV, Denis Valentinovich MANTUROV. Further information can be found in the annex to this Notice, here.
- 13 December 2022: 16 entries have been added to the consolidated list and are subject to an asset freeze. Further information can be found in the annex to this Notice, here.
- 8 February 2023: 8 individuals and 7 entities have been added to the Russia financial sanctions regime and are now subject to an asset freeze. Further information can be found in the annex to this Notice, here.
- 24 February 2023: 92 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze. Furthermore, the following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze: Nigina Zairova. Further information can be found in the annex to this Notice, here.
- 10 March 2023: The following entries have been amended under the Russia financial sanctions regime and remain subject to an asset freeze: Oleg Nikolaevich Evtushenko, Vitaly Anatolyvich Markelov, Yuri Alexandrovich Olenin, Roman Pakhomov, Andrei Yuvenalyevich Petrov, Alexander Sergeevich Prokopiev, Ilya Vasilevich Rebrov. Furthermore, 14 entries have also been corrected under the Russia regime and remain subject to an asset freeze. The relevant notice can be found here.
- 17 March 2023: The following entry has been amended under the Russia regime and remains subject to an asset freeze: Igor Viktorovich Makarov. The following entry has been removed from the Russia regime and is no longer subject to an asset freeze: Brian McDonald. Furthermore, the following duplicate entry has been removed from the Russia regime and remains subject to an asset freeze under the Belarus regime : Minsk Wheel Tractor Plant. Further information can be found in the annex to this Notice, here.
- 21 March 2023: All persons currently designated under the Russia regime (1,730 entries) have been amended on the Consolidated List and are now subject to trust services sanctions. 7 entries have also been updated to reflect existing further restrictions. The 'Other Information' field for all entries has been amended to provide details of further financial restrictions, and the date trust services sanctions were imposed. All entries remain subject to an asset freeze and no further changes have been made to the Consolidated List. Further details can be found in the notice, here.
- 22 March 2023: The following duplicate entry has been removed from the consolidated list: (Sergei Borisovich Korolyov) remains on the consolidated list under the Russia regime and the individual is still subject to an asset freeze: Sergey Borisovich Korolev. Also the following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze: Alexey Viktorovich Kuzmichev.
- 12 April 2023: 14 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze. Furthermore, the following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze: Nikolay Ivanovich Bortsov. Further information can be found in the notice, here.
- 13 April 2023: The following entries has been amended under the Russia financial sanctions regime and remain subject to an asset freeze: Tatiana Vladimirovna Evtushenkova, Felix Vladimirovich, Natalia Nikolayevna Evtushenkova and Nariman Gadzhievich Gadzhiev. OFSI’s consolidated list of asset freeze targets has been updated to reflect these changes. Further details can be found in the Notice here.
- 21 April 2023: The following entries have been added to the consolidated list under the Russia financial sanctions regimes and are now subject to an asset freeze: Andrey Andreevich Zadachin, Denis Vladmirovich Kolesnikov, Elena Anatolievna Lenskaya. OFSI’s consolidated list of asset freeze targets has been updated to reflect these changes. Further details can be found in the Notice, here.
- 16 May 2023:The following entry has been amended under the Russia financial sanctions regime: Roman Nikolaevich Lepa. OFSI’s consolidated list of asset freeze targets has been updated to reflect these changes. Further details can be found in the Notice here.
- 19 May 2023: 86 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze and trust service sanctions. The following entries have been removed from the Consolidated List and are no longer subject to an asset freeze or trust services sanctions:Nikolay Yurievi Petrunin, Kyrylo Sergiyovich Stremousov, Vladimir Nikolayevich Sungorkin. Further details can be found in the Notice here.
- 22 May 2023: The following entries have been amended and are still subject to an asset freeze and trust services sanctions: Ilya Iosifovich KLEBANOV, Valery Pavlinovich SHANTSEV, AFK SISTEMA. Further details can be found in the Notice, here.
- 23 June 2023: The following entries have been amended and are still subject to an asset freeze and trust services sanctions: Demetris Ioannides, Galina Evgenyevna Pumpyanskaya, Dmitry Alexandrovich Pumpyansky. Further details can be found in the Notice, here.
- 6 July 2023: The following entry has been removed from the OFIS’s Russia financial sanctions regime and is no longer subject to an asset freeze: Lev Aronovich Khasis. OFSI’s consolidated list of asset freeze targets has been updated to reflect this change.
- 17 July 2023: 14 entries have been added and 10 entries have been amended under the UK Russia financial sanctions regime. These entries are all subject to an asset freeze and trust services sanctions. OFSI’s consolidated list of asset freeze targets has been updated to reflect these changes and can be found here. Further details can be found in the Notice here.
- 20 July 2023: The following entry has been removed from the Russia financial sanctions regime: Oleg Yurievich Tinkov. Furthermore, the following entry has also been corrected under the Russia financial sanctions regime and remains subject to an asset freeze and trust services sanctions: Sun Ship Management (D) Ltd. Further details can be found in the annex to the Notice, here.
- 28 July 2023: The following entries have been amended under the Russia regime and remain subject to an asset freeze and trust services sanctions: Andrey Vladimirovich Sharonov and Eugene Tenenbaum. Further details can be found in the annex to the Notice here.
- 31 July 2023: 6 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze and trust services sanctions. Vitaly Alexsandrovich Belitsky, Ekaterina Mikhailovna Dorokhina, Natalia Nikolaevna Dudar, Boris Georgievich Loktionov, Danila Yurievich Mikheev, Anna Evgenievna Potychko, Ella Aleksandrovna Pamfilova. Further details can be found in the annex to the Notice, here.
- 8 August 2023: 19 entries have been added, and 1 entry has been corrected under the Russia financial sanctions regime. All entries are subject to an asset freeze and trust services sanctions. Further details can be found in the annex to the Notice.
- 8 August 2023: The following entries have been added to the Belarus financial sanctions regime and are now subject to an asset freeze: Belomo Holding, Joint Stock Company 2566 Radioelectronic Armament Repair Plant, JSC Peleng, Open Joint Stock Company Gomel Radio Plant, Open Joint Stock Company Kidma Tech, Open Joint Stock Company Orsha Aircraft Repair Plant. Further details can be found in the annex to the Notice.
- 31 August 2023: The following entry has been amended to the Belarus financial sanctions regime and is still subject to an asset freeze: DANA HOLDINGS A.K.A DANA ASTRA. Further details can be found in the annex to the Notice
- 27 September 2023: The following entry has been amended under the Russia regime and remains subject to an asset freeze and trust services sanctions: Alexei Kozlov.
- 29 September 2023: 11 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze and trust services sanctions. Further details can be found to the Notice, here
- 8 November 2023: 29 entries have been added to the Russia financial sanctions regimeand are now subject to an asset freeze and trust services sanctions. Further details can be found in the Notice, here
- 9 November 2023: The following entry has been removed from the Russia financial sanctions regime and is no longer subject to an asset freeze or trust services sanctions: Sergey Stognienko
- Further details can be found in the Notice, here.
- 6 December 2023: The following entry has been added to the Belarus financial sanctions regime and is now subject to an asset freeze: JSC DISPLAY DESIGN BUREAU. Further details can be found in the Notice, here.
- 6 December 2023: 45 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze and trust services sanctions. More information can be found in the notice, here.
- 8 December 2023: 17 entries have been added to the Belarus financial sanctions regime and are now subject to an asset freeze and trust services sanctions. More information can be found in the notice, here.
- 11 December 2023: The following entry has been amended and is still subject to an asset freeze and trust services sanctions to the Russia sanctions regime: OOO MVIZION.
- 11 December 2023: The following entries have been amended and are still subject to an asset freeze to the Belarus sanctions regime:
Mikhail Ivanovich DOLA and Mikhail KAVALIOU. - 15 December 2023: 1 entry has been added and is now subject to an asset freeze, prohibitions on correspondent banking relationships and trust services sanctions: Joint-Stock Commercial Bank Novikombank and 27 entries have been amended and are all subject to an asset freeze, prohibitions on correspondent banking relationships and trust services sanctions.
- 21 December 2023: The following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze and trust services sanctions: Yuri Alekseyevich Soloviev.
- 22 February 2024: 50 entries have been added to and 3 have been amended on the Russia financial sanctions regime and are now subject to an asset freeze and trust services sanctions. More information can be found in the notice. Further information can be found in the Annex to the Notice here.
- 22 February 2024: 2 entries has been added to the Belarus financial sanctions regime and are now subject to an asset freeze: JSC PLANAR and PRECISE ELECTRO-MECHANICS PLANT. Further information can be found in the Annex to the Notice here.
- 23 February 2024: The following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze and trusts services sanctions: Ilya Borisovich Brodskiy. Further information can be found in the Annex to the Notice here
- 1 March 2024: The following entry has been corrected under the Russia financial sanctions regime and remains subject to an asset freeze and trusts services sanctions: Vladimir Vladimirovich Mikheychik
- 5 March 2024: The following entry has been removed from the Russia financial sanctions regime and is no longer subject to an asset freeze or trust services sanctions: Igor Makarov
- 3 May 2024: The following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze and trust services sanctions: Sarvar Ismailov
- 8 May 2024: The following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze and trust services sanctions: Said Mikhailovich Gutserie
- 17 May 2024: The following entry has been added to the Russia financial sanctions regime and remains subject to an asset freeze and trusts services sanctions: Vostochnaya Stevedore Limited Liability Company
31 May 2024: The following entry has been amended under the Russia financial sanctions regime and is still subject to an asset freeze: Dmitry Vladimirovich Konov - 13 June 2024: 42 entries have been added to the Consolidated List and are now subject to an asset freeze and trust services sanctions
- 14 June 2024: The following entries have been corrected under the Russia financial sanctions regime and are still subject to an asset freeze and trusts services sanctions: Central Counterparty National Clearing Centre and LLC Kompaniya AMG
- 25 June 2024: The following entry has been removed from the Consolidated List and is no longer subject to an asset freeze or trust services sanctions: Aleksei Nikolaevich FILIPPOVSKII
- 26 June 2024: The following entries have been amended under the Russia financial sanctions regime and are still subject to an asset freeze and trust services sanctions: Pavel Sergeevich Barchugov, Konstantin Denisov and Fractal Marine DMCC
- 9 August 2024: The following 7 entries have been added to the Belarus financial sanctions regime and are now subject to an asset freeze: Aleksey Valerievich Lazarenko, Andrei Sergeevich Palchyk, Filip Vladimirovich Sturchanka, Denis Anatolievich Tolstenkov, JSC NIIEVM, OJSC STANKOGOMEL, RUCHSERVOMOTOR LLC
Item | Name of Instrument | Date published | Amends or implements? | Comes into force | Summary of key provisions |
1 | The Russia (Sanctions) (EU Exit) (Amendment) Regulations 2022 | 10 February 2022 | Amends the Russia (Sanctions) (EU Exit) Regulations 2019 (2019 UK-Russia Regulations) | 10 February 2022 | The amendments broaden the categories of people and entities which are capable of being designated under the sanctions regime in the 2019 Regulations. No new designations have actually occurred and the motivation for the amendments is of course the current threat of invasion by Russia into Ukraine’s sovereign territory. See further our blog post here. |
2 | 22 February 2022 | Implemented under the 2019 UK-Russia Regulations | 22 February 2022 | The following are added to the UK consolidated list and are subject to an asset freeze:
As a result, UK and BOTs individuals and entities are now prohibited from any dealings with, or providing any funds to or for the benefit of, directly or indirectly, any of the Russian banks and 2individuals. Additionally, the designated individuals are banned from entering the UK. | |
3 | 24 February 2022 | Implemented under the 2019 UK-Russia Regulations | 24 February 2022 | The following are added to the UK consolidated list and are subject to an asset freeze:
As a result, UK and BOT individuals and entities are now prohibited from any dealings with, or providing any funds to or for the benefit of, directly or indirectly, any of the Russian banks and individuals. Additionally, the designated individuals are banned from entering the UK. | |
4 | 24 February 2022 | Implemented under the 2019 UK-Russia Regulations | 24 February 2022 | Additionally makes the following entities, which were subject to sectoral sanctions, additionally subject to asset freeze:
| |
5 | 24 February 2022 | [To be implemented via amendments to 2019 UK-Russia Regulations] | On-going | The following further sanctions and measures announced by the UK Government include:
Similar financial sanctions will be extended to Belarus for its role in the assault on Ukraine. | |
6 | 25 February 2022 | Implemented under 2019 UK-Russia Regulations | 25 February 2022 | The following are added to the consolidated list and are now subject to an asset freeze:
As a result, UK and BOT individuals and entities are now prohibited from any dealings with, or providing any funds to or for the benefit of, directly or indirectly, any of the Russian banks and individuals. Additionally, the designated individuals are banned from entering the UK. | |
7 | 25 February 2022 | Issued under Regulation 64 of 2019 UK-Russia Regulations | Takes effect from 25 February 2022 Expires on 27 March 2022 | Importantly, on 25 February 2022, the UK’s office of Financial Sanctions Implementation announced the publication of a new Russia-related general licence allowing for a 30 day wind down of positions involving VTB Bank. General licence INT/2022/1272278 provides that any person may wind down any transaction to which it is a party which involve VTB Bank or VTB Capital plc (and any entity owned or controlled by VTB Capital plc incorporated in the UK) , including the closing out of any positions. The GL does not authorise any act which the person carrying out the act knows, or has reasonable grounds for suspecting will result in funds or economic resources being dealt with or made available in breach of the 2019 UK-Russia Regulations, save for the specific permission mentioned above. The GL will expire on 27 March 2022. | |
8 | Russia (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2022 | 28 February 2022 | Amends the 2019 UK-Russia Regulations | 1 March 2022 | Existing restrictions on dealing with certain financial instruments and providing loans and credit are amended to extend the sanctions prohibitions to a broader range of transferable securities and money market instruments and loans and credit. Further restrictions on correspondence banking relationships and processing of sterling payments are also introduced. Introduction of power for the Secretary of State to designate persons for the purpose of that provision. The regulations provide for exceptions to, and for licensing powers in relation to, those prohibitions. In particular, there is provision to make clear that a licence may authorise acts which would otherwise be prohibited by any of the regulations for a particular period beginning with the coming into force of the prohibition, or the date of any designation made for the purposes of those provisions. This would allow a period for persons affected to arrange their affairs to comply. |
9 | Russia (Sanctions) (EU Exit) (Amendment) (No. 3) Regulations 2022 | 28 February 2022 | Amends the 2019 UK-Russia Regulations | 1 March 2022 | These regulations provide for significantly enhanced trade sanctions measures in relation to Russia:
A number of exceptions from the trade prohibitions on critical-industry goods and technology are provided for as well as licensing arrangements. |
10 | UK Statement on Further Economic Sanctions Targeted at the Central Bank of the Russian Federation | 28 February 2022 | [To be implemented via amendments to 2019 UK-Russia Regulations] | On-going | Additional measures were announced on 28 February 2022 which will introduce a prohibition on UK persons undertaking financial transactions involving the Central Bank of Russia, the Russian National Wealth Fund and the Ministry of Finance of the Russian Federation and the UK Government announced that it will immediately take all necessary steps to bring into effect restrictions. Other points to note include:
Additional trade restrictions, including a prohibition on the export of certain high-end critical technical equipment and components in sectors including electronics, telecommunications and aerospace. The announcement reiterated that trade restrictions applicable to Crimea will be extended to apply to Donetsk and Luhansk. |
11 | 28 February 2022 | Implemented under 2019 UK-Russia Regulations | 28 February 2022 | The following persons have been added to the UK asset freeze list:
As a result, UK and BOT individuals and entities are now prohibited from any dealings with, or providing any funds to or for the benefit of, directly or indirectly, any of the Russian banks and individuals. | |
12 | 1 March 2022 | Amends 2019 UK-Russia Regulations | 1 March 2022 | The Regulations prohibit Russian ships, and other ships specified by the Secretary of State, from entering ports in the UK There is a notification and publicity requirement where the specification power is used. The Regulations provide the Secretary of State with a power to control the movement of Russian ships or specified ships by requiring them to leave or enter specified ports, proceed to a specified place or remain where they are. The Regulations also confer powers on the Secretary of State and harbour authorities to detain Russian ships or specified ships at ports or anchorages. The registration of ships on the UK Ship Register is prohibited where they are owned, controlled, chartered or operated by a designated person or persons connected with Russia, or where they are a specified ship. | |
13 | 1 March 2022 | Implemented under 2019 UK-Russia Regulations | 1 March 2022 | The following entity is subject to enhanced restrictive measures:
Whilst not subject to an asset freeze, it is subject to a prohibition on correspondent banking and sterling clearing. | |
14 | 1 March 2022 | Implemented under 2019 UK-Russia Regulations | 1 March 2022 | The following persons have been added to the UK asset freeze list:
As a result, UK and BOT individuals and entities are now prohibited from any dealings with, or providing any funds to or for the benefit of, directly or indirectly, any of the Russian banks and individuals. Additionally, the designated individuals are banned from entering the UK. | |
15 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 5) Regulations 2022 | 1 March 2022 | Amends 2019 UK-Russia Regulations | 1 March 2022 | Prohibits the provision of financial services for the purpose of foreign exchange reserve and asset management to:
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16 | Russia: Regulatory Authorities – Prudential Supervision or Financial Stability (Notice) General License INT/2022/1280976 | 1 March 2022 | This licence is granted under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019 | 1 March 2022 | The licence pertains to VTB Capital plc and any entity owned or controlled by VTB Capital plc incorporated in the United Kingdom. The licence relates to prudential supervision or protecting, maintaining or enhancing the stability of the financial system of the United Kingdom. The licence takes effect from 1 March 2022 and expires on 1 March 2023. |
17 | Russian Banks – UK subsidiaries – Basic needs, routine holding and maintenance and the payment of legal fees" (Notice) General License INT/2022/1280876 | 1 March 2022 | This licence is granted under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019 | 1 March 2022 | The licence pertains to VTB Capital plc and any entity owned or controlled by VTB Capital plc incorporated in the United Kingdom. The licence allows for the basic needs of UK subsidiaries and routine holding and maintenance o UK subsidiaries frozen funds or economic resources and the payment of legal fees. Notifications requirements will need to be complied with. Record keeping requirements will also need to be complied with. The licence took effect from 1 March 2022 and expires on 1 March 2023. |
18 | 3 March 2022 | Implemented under 2019 UK-Russia Regulations | 3 March 2022 | The following persons have been added to the asset freeze and travel ban list:
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19 | Wind Down of Positions Involving Various Designated Banks General License INT/2022/1295476 | 4 March 2022 | This licence is granted under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019 | 4 March 2022 | The designated persons under the licence are:
Subsidiaries (entities owned or controlled) of any of the above are also within scope of the licence. The licence allows persons to wind down any transactions to which the person is a party involving any of the designated persons (including JSCB Novikombank) and their subsidiaries. The licence takes effect from 4 March and expires on 3 April 2022. |
20 | GENERAL LICENCE – Wind Down of Positions Sberbank General License INT/2022/1298776 | 4 March 2022 | This licence is granted under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019 | 4 March 2022 | The designated person under the licence is PJSC Sberbank, including any subsidiary (an entity owned or controlled by PJSC Sberbank). The licence allows that a person may provide financial services to Sberbank for the purposes of winding down that activity. The licence takes effect from 4 March and expires on 3 April 2022. |
21 | 4 March 2022 | Implemented under 2019 UK-Russia Regulations | 4 March 2022 | The notice is to issue a correction to an entry on the consolidated list brining the entry into line with the UK sanctions list. Igor Ivanovich Shuvalov (Group ID: 14209) is still subject to an asset freeze. | |
22 | 4 March 2022 | Guidance for the financial and investment restrictions in Russia(Sanctions) (EU Exit) Regulations 2019 | 4 March 2022 | The Office of Financial Sanctions is the competent authority responsible for improving the understanding, implementation and enforcement of financial sanctions in the UK. This guidance sets out an overview of the sanctions regime on Russia to date. | |
23 | GENERAL LICENCE – Wind Down of Positions Involving VTB General License INT/2022/1272278 | 7 March 2022 | This licence is granted under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019 | 7 March 2022 | The designated person under the licence is VTB Bank and subsidiary entity owned or controlled by VTB Bank. The licence allows that a person may provide financial services to VTB Bank for the purposes of winding down that activity. The licence took effect from 25 February and expires on 27 March 2022. |
24 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 6) Regulations 2022 | 8 March 2022 | Amends 2019 UK-Russia Regulations | 8 March 2022 | These regulations provide for new aviation and trade sanctions measures in relation to Russia. The Regulations confer powers on the Secretary of State, air traffic control and airport operators to prevent Russian aircraft from entering the airspace, landing in or requiring aircraft to leave the airspace of the United Kingdom. An exception from the prohibitions is when the lives of persons and the safety of the aircraft are in danger. |
25 | GENERAL LICENCE: Provision of navigational data to civilian aircrafts for flight safety General Licence INT/2022/1322576 | 9 March 2022 | This licence is granted under regulation 32 of The Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 (The Belarus Regulations). | 9 March 2022 | This licence pertains to provision of navigational data to civilian aircrafts for flight safety. Records must be kept by flight data providers for up to 6 years. The licence takes effect on 9 March 2022 and is of indefinite duration. |
26 | 10 March 2022 | Implemented under 2019 UK-Russia Regulations | 10 March 2022 | The following entries have been added to the consolidated list and are now subject to an asset freeze:
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27 | GENERAL LICENCE – Football Matches General Licence INT/2022/1327076 | 10 March 2022 | This licence is granted under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019 | 10 March 2022 | This licence pertains to football matches and covers, who can be paid by the clubs and for what purposes. Persons will be required under this licence to keep accurate, complete and readable records of any activity purporting to have been permitted under the licence with a value exceeding £5,000 for a minimum of 6 years. The licence takes effect from 10 March 2022 and expires on 31 May 2022. |
28 | 11 March 2022 | Implemented under 2019 UK-Russia Regulations | 11 March 2022 | 386 individuals have been designated on the UK sanctions list and are now subject to an asset freeze. | |
29 | 15 March 2022 | Implemented under 2019 UK-Russia Regulations | 15 March 2022 | 350 individuals have been designated on the UK sanctions list and are now subject to an asset freeze. The following entries have been amended and are still subject to an asset freeze:
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30 | 15 March 2022 | Implemented under 2019 UK-Russia Regulations | 15 March 2022 | The following entries have been designated on the UK sanctions list and are now subject to an asset freeze.
The following entries have been amended and are still subject to an asset freeze:
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31 | 18 March 2021 | Implemented under 2019 UK-Russia Regulations | 18 March 2021 | The following entries have been corrected and are still subject to an asset freeze:
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32 | GENERAL LICENCE – Wind down of derivatives, repurchase, and reverse repurchase transactions General Licence INT/2022/1381276 | 22 March 2022 | Implemented under 2019 UK-Russia Regulations | 22 March 2021 | For the purposes of this General Licence the entities referred to consist of the:
Under General Licence INT/2022/1381276 a Person may provide financial services for the purposes of winding down any derivatives, repurchase, and reverse repurchase transactions entered into prior to 1st March 2022 with the CBR, the NWF or the MF. A Person or Relevant Institution, can carry out any activity reasonably necessary to effect this. |
33 | 22 March 2022 | 22 March 2022 | New paragraph (4.14) added to the Ownership and Control subject and clarifies OFSI's position on aggregation and reads as follows: "When making an assessment on ownership and control, OFSI would not simply aggregate different designated persons’ holdings in a company, unless, for example, the shares or rights are subject to a joint arrangement between the designated parties or one party controls the rights of another. Consequently, if each of the designated person's holdings falls below the 50% threshold in respect of share ownership and there is no evidence of a joint arrangement or that the shares are held jointly, the company would not be directly or indirectly owned by a designated person. It should be noted that ownership and control also relates to holding more than 50% of voting rights, the right to appoint or remove a majority of the board of directors and it being reasonable to expect that a designated person would be able in significant respects to ensure that the affairs of a company are conducted in accordance with their wishes. If any of these apply, the company could be controlled by a designated person." | ||
34 | Belarus | 24 March 2021 | Implemented under 2019 Belarus (Sanctions) (EU Exit) Regulations | 24 March 2022 | The following entries have been added to the consolidated list and are subject to an asset freeze:
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35 | Russia | 24 March 2022 | Implemented under 2019 UK-Russia Regulations | 24 March 2022 | 33 individuals and 26 entities have been designated on the UK sanctions list and are now subject to an asset freeze. |
36 | GENERAL LICENCE – Wind Down of Positions Involving Various Designated Banks General License INT/2022/1424276 | 24 March 2022 | Implemented under 2019 UK-Russia Regulations | 24 March 2022 | Under this license, the designated persons (DPs) are:
The GL permits a person (other than the DPs or a subsidiary) to wind down any transactions to which it is party including the closing out of positions. A person, relevant institution, or the DPs or a subsidiary, can carry out any activity reasonably necessary to effect this. |
37 | GENERAL LICENCE – Wind Down of Positions Involving Bank Dabrabyt General License INT/2022/1424277 | 24 March 2022 | Implemented under 2019 Belarus (Sanctions) (EU Exit) Regulations | 24 March 2022 | This license allows a person to wind down any transactions to which it is party including the closing out of positions with Bank Dabrabyt Joint Stock Company or its subsidiaries. |
38 | AmendedGENERAL LICENCE - Wind down of derivatives, repurchase, and reverse repurchase transactions with the Central Bank of the Russian Federation, National Wealth Fund of the Russian Federation and Ministry of Finance of the Russian Federation General License INT/2022/1381276 | 24 March 2022 | Implemented under 2019 UK-Russia Regulations | 24 March 2022 | The amendment clarifies that: "Under General Licence INT/2022/1381276 a Person may provide financial services for the purposes of winding down any derivatives, repurchase, and reverse repurchase transactions entered into prior to 1 March 2022 with the CBR, the NWF or the MF or those persons set out in regulation 18A d to e of the Russia Regulations. A Person or Relevant Institution can carry out any activity reasonably necessary to effect this." |
39 | 25 March 2022 | Implemented under 2019 UK-Russia Regulations | 25 March 2022 | The following entry has been amended and is still subject to an asset freeze:
Also the following entries have been corrected:
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40 | GENERAL LICENCE – Continuation of Business and Basic Needs of GEFCO UK Subsidiaries General License INT/2022/1438977 NOTE: This has since been revoked, see row 54 below for more details. | 25 March 2022 | Implemented under 2019 UK-Russia Regulations | 25 March 2022 | Under this license the designated entity is Russian Railways. The Joint Venture is GEFCO, a Joint Venture owned by Russian Railways and Stellantis, GEFCO S.A Rue Jean Jaures, 20-22, 92800 Puteaux, France. A Subsidiary is any entity owned or controlled by the designated entity, including:
Under this licence a Person may continue business operations involving the Joint Venture or its Subsidiaries including, but not limited to: Payments to or from the Joint Venture or its Subsidiaries under any obligations or contracts; Payments to or from any third party necessary to the continuation of any obligations or contracts. |
41 | GENERAL LICENCE – Wind Down of Positions Involving Sovcomflot General License INT/2022/1469378 | 29 March 2022 | Implemented under 2019 UK-Russia Regulations | 29 March 2022 | Under this license the designated entity is Sovcomflot. A subsidiary is any entity owned or controlled by the designated entity. This licence allows a person (other than the designated entity or a subsidiary) to wind down any transactions to which it is party involving the designated entity or a subsidiary including the closing out of any positions. |
42 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 7) Regulations 2022 | 30 March 2022 | Amends 2019 UK-Russia Regulations | 30 March 2022 | These amendments introduce a power to designate persons by description, extend existing finance, trade and shipping sanctions measures in relation to Crimea and Sevastopol to the non-government controlled areas of the Donetsk and Luhansk oblasts of Ukraine. The amendments introduce prohibitions on technical assistance relating to aircraft and ships, for the purposes set out in regulation 4 of the 2019 Regulations. |
43 | 31 March 2022 | Amends 2019 UK-Russia Regulations | 31 March 2022 | This guidance has been updated to reflect extending the financial restrictions in place to all non-government controlled Ukrainian Territory. | |
44 | 31 March 2022 | Implemented under 2019 UK-Russia Regulations | 31 March 2022 | 14 entries (12 individuals and 2 entities) have been added to the consolidated list and are now subject to an asset freeze. | |
45 | 31 March 2022 | Implemented under 2019 UK-Russia Regulations | 31 March 2022 | Under this license, the following entities have been added to the consolidated list and are now subject to an asset freeze.
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46 | GENERAL LICENCE – Payments by the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, or the Ministry of Finance of the Russian Federation related to debt issued by them before 1 March 2022. General License INT/2022/1495176 | 1 April 2022 | Implemented under 2019 UK-Russia Regulations | 1 April 2022 | Under this licence, a Person may provide financial services for the purposes of the receipt and onward transfer of non-rouble denominated interest/coupon or maturity/principal payments from the Central Bank of the Russian Federation, the National Wealth Fund of the Russian Federation, or the Ministry of Finance of the Russian Federation (or those persons set out in regulation 18A (2) (d) - (e) of the Russia Regulations) in connection with debt issued by them before 1 March 2022. A Person or Relevant Institution can carry out any activity reasonably necessary to effect this. |
47 | 4 April 2022 | Implemented under 2019 UK-Russia Regulations | 4 April 2022 | This entry has been amended and is still subject to an asset freeze:
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48 | 5 April 2022 | Implemented under 2019 UK-Russia Regulations | 5 April 2022 | This entry has been amended and is still subject to an asset freeze:
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49 | 6 April 2022 | Implemented under 2019 UK-Russia Regulations | 6 April 2022 | 10 entries have been added to the consolidated list and are now subject to an asset freeze: Individuals listed:
Entities listed:
The following entries have been amended and are still subject to an asset freeze:
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50 | GENERAL LICENCE –Wind Down of Positions Involving Credit Bank of Moscow General License INT/2022/1544176 | 6 April 2022 | Implemented under 2019 UK-Russia Regulations | 6 April 2022 | Under this General Licence a Person (other than the Designated Person (DP) or a Subsidiary) may wind down any transactions to which it is a party, involving the DPs or a Subsidiary including the closing out of any positions, and a Person, Relevant Institution, or the DPs or a Subsidiary can carry out any activity reasonably necessary to effect this. |
51 | GENERAL LICENCE: Asset Freeze, Correspondent Banking Relationships & Processing Amended General License INT/2022/1277877 | 6 April 2022 | Implemented under 2019 UK-Russia Regulations | 6 April 2022 | This General Licence has been amended. Now that Sberbank is subject to an asset freeze under the Russia (Sanctions) (EU Exit) Regulations 2019, this amendment ensures that the General Licence in respect of energy related payments may continue to be used. |
52 | 8 April 2022 | Implemented under 2019 UK-Russia Regulations | 8 April 2022 | The following entries have been added to the consolidated list and are now subject to an asset freeze:
Further, the following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze:
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53 | 11 April 2022 | Implemented under 2019 UK-Russia Regulations | 11 April 2022 | The following entries have been amended and are still subject to an asset freeze:
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54 | GENERAL LICENCE – Continuation of Business and Basic Needs of GEFCO UK Subsidiaries RevokedGeneral License INT/2022/1438977 | 12 April 2022 | Implemented under 2019 UK-Russia Regulations | 12 April 2022 | This General License has been revoked. This is following the sale of Russian Railways' stake in GEFCO to non-designated persons, meaning GEFCO is no longer impacted by UK sanctions. The sale was completed on 8 April 2022. |
55 | Russia | 13 April 2022 | Implemented under 2019 UK-Russia Regulations | 13 April 2022 | 206 entries have been added to the consolidated list and are now subject to an asset freeze. |
56 | Belarus | 13 April 2022 | Implemented under 2019 Belarus (Sanctions) (EU Exit) Regulations | 13 April 2022 | 9 individuals have been corrected to the consolidated list and are still subject to an asset freeze:
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57 | 14 April 2022 | Implemented under 2019 UK-Russia Regulations | 14 April 2022 | The following individuals have been added to the consolidated list and are now subject to an asset freeze:
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58 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 8) Regulations 2022 | 14 April 2022 | Amends 2019 UK-Russia Regulations | 14 April 2022 | This instrument provides for a number of trade restrictions. These include:
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59 | Notice NTE 2022/14: Introduction of additional sanctions against Russia | 14 April 2022 | Implemented under 2019 UK-Russia Regulations | 14 April 2022 | This Notice is giving guidance on the new trade sanctions on Russia by the newly issued Russia (Sanctions) (EU Exit) (Amendment) (No. 8) Regulations 2022. See line 58. |
60 | 14 April 2022 | Implemented under 2019 UK-Russia Regulations | 14 April 2022 | Updated Notice to provide an overview of the import prohibitions on certain goods imported into the UK and sets out the licensing process for traders looking to import goods subject to prohibitions | |
61 | Russia | 21 April 2022 | Implemented under 2019 UK-Russia Regulations | 21 April 2022 | 26 entries have been added to the consolidated list and are now subject to an asset freeze and 30 entries have been amended and are still subject to an asset freeze. |
62 | GENERAL LICENCE: Gazprombank Energy Payments General License INT/2022/1630477 | 21 April 2022 | Implemented under 2019 UK-Russia Regulations | 21 April 2022 | Under this General Licence a Person may continue to make payments to Gazprombank or a Subsidiary under a contract entered into prior to the date of this licence for the purpose of making Gas available for use in the European Union and a Person, Relevant Institution, or Gazprombank, or a Subsidiary can carry out any activity reasonably necessary to effect this including the opening and closing of bank accounts. A Person making payments under this licence must keep accurate, complete and readable records,on paper or electronically, of any activity purporting to have been permitted under this licence for a minimum of 6 years. |
63 | GENERAL LICENCE - Russian Banks – UK subsidiaries - Basic needs, routine holding and maintenance, the payment of legal fees and insolvency related payments Amended General License INT/2022/1280876 | 22 April 2022 | Implemented under 2019 UK-Russia Regulations | 22 April 2022 | This General Licence has been amended to also include Sberbank CIB (UK) Ltd. |
64 | 26 April 2022 | Implemented under 2019 UK-Russia Regulations | 22 April 2022 | 195 entries have been amended and 2 entries corrected under the Russia financial sanctions regime and remain subject to an asset freeze. | |
65 | GENERAL LICENCE: Law Enforcement and Regulatory Authorities Asset Recovery General licence - INT/2022/1679676 | 27 April 2022 | Implemented under 2019 UK-Russia Regulations | 27 April 2022 | Under General Licence INT/2022/1679676, subject to the conditions set out in that licence, an officer of a Non-Crown Relevant Organisation is permitted to carry out their duties including through making use of powers available to them under UK legislation or common law for Asset Recovery Purposes. |
66 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 9) Regulations 2022 | 29 April 2022 | Amends 2019 UK-Russia Regulations | 29 April 2022 | This instrument is made under the Sanctions and Anti-Money Laundering Act 2018 (‘the Sanctions Act’) to make amendments to the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) (‘the 2019 Regulations’). These amendments will introduce new trade sanctions measures relating to internet services and online media services, for the purposes set out in regulation 4 of the 2019 Regulations. This instrument amends Part 5 (Trade) of the 2019 Regulations, which contains trade sanctions measures, and makes related consequential amendments. This instrument provides for a number of restrictions in the form of trade in services sanctions. It introduces requirements that: Social media services, including video sharing platforms, must take reasonable steps to prevent content that is generated directly on the service, or uploaded to or shared on the service, by a designated person being encountered by a user of the service in the United Kingdom. Internet access services, including fixed and wireless broadband providers, must take reasonable steps to prevent users of the service in the United Kingdom from accessing websites provided by a designated person. This will likely take the form of URL blocking. Application stores, including those on smartphones, must take reasonable steps to prevent users of the application store in the United Kingdom from downloading or otherwise accessing an application provided by a designated person. The instrument confers powers on the Secretary of State to designate persons to whom these online restrictions will apply. The instrument also confers on the Office of Communications (Ofcom) the power to impose civil monetary penalties on a person who fails to comply with the new trade sanctions. Failing to comply with the new sanctions is also a criminal offence. |
67 | 04 May 2022 | Implemented under 2019 UK-Russia Regulations | 04 May 2022 | 63 entries have been added to the consolidated list and are now subject to an asset freeze. The following 2 entries have been amended and are still subject to an asset freeze:
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68 | GENERAL LICENCE – Continuation of Business of Evraz Plc’s North American Subsidiaries General licence - INT/2022/1710676 | 05 May 2022 | Implemented under regulation 64 of 2019 UK-Russia Regulations | 05 May 2022 | Under General Licence INT/2022/1710676, a person may continue business operations involving the North American Subsidiaries of Evraz including but not limited to payments to or from the North American Subsidiaries under any obligations or contracts; payments to or from any third party under any obligations or contracts; and receipt of payments made by the North American Subsidiaries for audit services. Evraz North America plc is also permitted to pay for the audit services referred to in the previous sentence. |
69 | 05 May 2022 | Implemented under 2019 UK-Russia Regulations | 05 May 2022 | The following entry has been added to the consolidated list and is now subject to an asset freeze:
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70 | 09 May 2022 | Implemented under 2019 UK-Russia Regulations | 09 May 2022 | 88 entries have been amended on the consolidated list and still subject to an asset freeze. | |
71 | General licence - INT/2022/1678476 | 12 May 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 12 May 2022 | Under General Licence INT/2022/1678476, there are provisions relating to winding down, basic needs and insolvency related payments in connection with Amsterdam Trade Bank N.V |
72 | 13 May 2022 | Implemented under 2019 UK-Russia Regulations | 13 May 2022 | 12 entries have been added to the consolidated list and are now subject to an asset freeze. Furthermore, 10 entries have been amended and remain subject to an asset freeze. | |
73 | 19 May 2022 | Implemented under 2019 UK-Russia Regulations | 19 May 2022 | The following entries have been added to the consolidated list and are now subject to an asset freeze:
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74 | 23 May 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 23 May 2022 | Under this licence, subject to the conditions below:
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75 | 24 May 2022 | Implemented under 2019 UK-Russia Regulations | 24 May 2022 | 63 entries have been amended and are still subject to an asset freeze. | |
76 | Belarus | 27 May 2022 | Implemented under 2019 Belarus (Sanctions) (EU Exit) Regulations | 27 May 2022 | 6 entries have been amended under the Belarus regime and are still subject to an asset freeze. |
77 | Russia | 27 May 2022 | Implemented under 2019 UK-Russia Regulations | 27 May 2022 | 299 entries have been amended under the Russia regime and are still subject to an asset freeze. |
78 | General licence - INT/2022/1875276 | 30 May 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 30 May 2022 | Under General licence INT/2022/1875276, business operations involving the provision of Civilian Telecommunication Services that include ZAO TransTeleCom Company, can continue subject to the conditions contained in the licence. The licence also permits business operations related to News Media Services to continue subject to certain conditions. |
79 | GENERAL LICENCE – Russia Designated Persons – Charities and Interim Managers and trustees General licence - INT/2022/1834876 | 30 May 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 30 May 2022 | General licence – INT/2022/1834876, allows for Interim Managers and trustees to act as receiver(s) and manager(s) in respect of the property and affairs of a charity, as specified in this General Licence. The full details of the permissions and usage requirements can be found within the General licence, here and the Publication Notice here. |
80 | Trading under sanctions with Russia | 08 June 2022 | Implemented under 2019 UK-Russia Regulations | 08 June 2022 | This Guidance is issued to advise what import and export restrictions apply due to sanctions for UK companies when trading with Russia. |
81 | GENERAL LICENCE – Funds of non-designated third parties involving designated credit or financial Institutions General licence - INT/2022/1919908 | 10 June 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 10 June 2022 | Under General Licence INT/2022/1919908:
Reporting Requirement - General Licence INT/2022/1919908 includes a reporting requirement that within 14 days of processing a payment in accordance with paragraphs 4.1 and 4.3 of the licence, a Relevant Institution must report to HM Treasury, with details and supporting evidence of:
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82 | Russia sanctions: notes on designations data | 10 June 2022 | Implemented under 2019 UK-Russia Regulations | 10 June 2022 | This guidance note is published to explain how the UK Government collates this data on designations and what it means. |
83 | 14 June 2022 | Implemented under 2019 UK-Russia Regulations | 14 June 2022 | 39 entries have been amended to the consolidated list and are still subject to an asset freeze. Further information can be found in the annex of the Notice. | |
84 | 16 June 2022 | Implemented under 2019 UK-Russia Regulations | 16 June 2022 | 12 entries have been added to the consolidated list and are now subject to an asset freeze. Further information can be found in the annex of the Notice. | |
85 | The Russia (Sanctions) (EU Exit) (Amendment) (No.10) Regulations 2022 | 22 June 2022 | Amends 2019 UK-Russia Regulations | 23 June 2022 | The Regulations and the Notice 2022/18 adopted further trade sanctions, that include; Prohibitions on the export, supply and delivery, making available and transfer (as well as related technical assistance, financial services, funds and brokering services) of:
Prohibitions on the export to, or for use in Russia of jet fuel and fuel additives, as well as prohibitions on the making available, export, and supply, directly or indirectly, of such products to Russia or for use in Russia (as well as related technical assistance, financial services, funds, and brokering services). Prohibitions on the export to, or for use in, Russia, of Sterling or EU denominated banknotes; as well as prohibitions on the making available, supply, or delivery of such banknotes to a person connected with Russia; and on the making available of such banknotes for use in Russia. Some of the above prohibitions will relate to Russia, and the non-government controlled Ukraine territories. Prohibitions on the import, acquisition or supply and delivery of revenue generating goods that originate in or are consigned from Russia (as well as related technical assistance, financial services, funds, and brokering services. Prohibitions on the provision of technical assistance, and financial services, funds, and brokering services relating to iron and steel imports. |
86 | 24 June 2022 | Implemented under 2019 UK-Russia Regulations | 24 June 2022 | 58 entries have been amended and 1 entry corrected and remain subject to an asset freeze. Further information can be found in the annex of the Notice. | |
87 | 29 June 2022 | Implemented under 2019 UK-Russia Regulations | 29 June 2022 | 13 entries have been added and are now subject to an asset freeze. 1 entry has also been corrected under and remains subject to an asset freeze. | |
88 | GENERAL LICENCE – Wind Down of Positions Involving Rosbank General licence - INT/2022/1968500 | 30 June 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 30 June 2022 | General Licence INT/2022/1968500 allows for a 30 day wind down period of positions involving Rosbank PJSC (Rosbank) or any entity owned or controlled by Rosbank. |
89 | 4 July 2022 | Implemented under 2019 UK-Russia Regulations | 4 July 2022 | The following entries have been added to the consolidated list and are now subject to an asset freeze:
Furthermore, 45 entries have been amended and 1 entry corrected under the Russia regime. Further information can be found in the annex to this Notice. | |
90 | GENERAL LICENCE – Financial services regarding wind down of derivatives, repurchase, and reverse repurchase transactions with the National Bank of Belarus, and Ministry of Finance of Belarus. General Licence - INT/2022/1976232 | 5 July 2022 | Regulation 32 of the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 ("the Belarus Regulations") | 5 July 2022 | This General Licence allows a period of until 04 August 2022 for a Person to provide financial services for the purpose of winding down any derivatives, repurchase, and reverse repurchase transactions entered into prior to 05 July 2022 involving:
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91 | GENERAL LICENCE: Transferable securities, money-market instruments, loans and credit arrangements General Licence - INT/2022/1976332 | 5 July 2022 | Regulation 32 of the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 (the Belarus Regulations) | 5 July 2022 | This General Licence allows for a 7-day wind down period in respect of, category C loans (as defined by Regulation 15B (5)) as well as transferable securities and money market instruments (as defined by Regulation 15A (2C)). |
92 | 5 July 2022 | Implemented under 2019 UK-Russia Regulations | 5 July 2022 | The following entries have been added to the consolidated list and are now subject to an asset freeze:
The following entries have been removed from the consolidated list and are no longer subject to an asset freeze:
The following entries have been amended and are still subject to an asset freeze:
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93 | Belarus | 7 July 2022 | Implemented under 2019 UK-Belarus Regulations | 7 July 2022 | The following entity has been amended under the Belarus regime and remains subject to an asset freeze:
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94 | GENERAL LICENCE: Humanitarian Activity General Licence - INT/2022/1947936 | 7 July 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 7 July 2022 | Under General Licence INT/2022/1947936 relevant persons seeking to undertake humanitarian activity in relation to the conflict in Ukraine do not need to apply for individual licences from OFSI, but instead can rely on the permissions within this General Licence. |
95 | 12 July 2022 | Implemented under 2019 UK-Russia Regulations | 12 July 2022 | 16 entries have been amended and 2 entries corrected under the Russia financial sanctions regime and remain subject to an asset freeze. | |
96 | Belarus | 12 July 2022 | Implemented under 2019 UK-Belarus Regulations | 12 July 2022 | 6 entries have been amended under the Belarus financial sanctions regime and remain subject to an asset freeze. |
97 | 15 July 2022 | Implemented under 2019 UK-Russia Regulations | 15 July 2022 | The following entries have been removed from the consolidated list and are no longer subject to an asset freeze:
The following entries have been amended under the Russia regime and remain subject to an asset freeze:
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98 | Russia (Sanctions) (EU Exit) (Amendment) (No. 11) Regulations 2022 | 15 July 2022 | Amends 2019 UK-Russia Regulations | 15 July 2022 | These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) to amend the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) ("the 2019 Regulations"). Regulations 3 to 8 and 12(2) to (5) and (8) amend Part 5 of the 2019 Regulations relating to trade, and both amend existing Schedules and insert new ones. New restrictions are imposed in relation to trade in:
As a result of those amendments:
Regulation 10 amends Part 7 of the 2019 Regulations to create exceptions to some of the new prohibitions. Regulation 11 makes consequential amendments in relation to offences. Regulation 13 revokes the Russia (Sanctions) (EU Exit) (Amendment) (No. 10) Regulations 2022 (S.I. 2022/689). |
99 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 12) Regulations 2022 | 19 July 2022 | Amends 2019 UK-Russia Regulations | 19 July 2022 | These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) to amend the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) ("the 2019 Regulations"). These Regulations add new financial sanctions to Part 3 (Finance) of the 2019 Regulations. The amendments insert restrictions regarding investments (and services directly related to those investments) in respect of land located in Russia, persons connected with Russia, relevant entities, joint ventures, opening a representative office or establishing a branch or subsidiary located in Russia. These Regulations provide for exceptions to, and licensing powers in relation to, these new provisions. |
100 | GENERAL LICENCE – Investments in relation to Russia General Licence - INT/2022/2002560 | 19 July 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 19 July 2022 | This General Licence INT/2022/2002560 allows for a 7-day wind down period in respect of the outward investment ban outlined in the Amendment 12 Regulations. This licence takes effect from 19 July 2022 and expires on 26 July 2022. |
101 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 13) Regulations 2022 | 18 July 2022 | Amends 2019 UK-Russia Regulations | 18 July 2022 | These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c.13) to amend the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) ("the 2019 Regulations"). Part 2 makes amendments to the designation criteria in regulation 6 of the 2019 Regulations: first, to specify additional activities for which a person may be designated; second, to make minor amendments to the definition of"being involved in obtaining a benefit from or supporting the Government of Russia"; and third, to broaden the interpretation of being"associated with" a designated person. Part 3 provides for a new exception from trade sanctions measures for humanitarian assistance activity in non-government controlled areas of the Donetsk and Luhansk oblasts. Part 4 makes provision to correct or resolve a number of issues arising from the 2019 Regulations or amendments made to them: first, to expand upon the definition of ownership in relation to ships and aircraft; and second, to correct drafting errors or omissions in regulations 76, 78 and 94. |
102 | Updated | 19 July 2022 | Implements under 2019 UK-Russia Regulations | 19 July 2022 | The guidance has a new section on investments in Russia on page 5 to 6. It also updates the FAQs section on page 8 to 11 to reflect the Russia financial sanctions that have come into force since the Russian invasion of Ukraine. |
103 | The Sanctions (EU Exit) (Miscellaneous Amendments) Regulations 2022 and The Sanctions (EU Exit) (Miscellaneous Amendments) (No.2) Regulations 2022 | 19 July 2022 | 30 August 2022 | These regulations extend the definition of ‘relevant firms’ that have financial sanctions reporting obligations to include cryptoasset exchange providers and custodian wallet providers. There is a requirement for 'relevant firms', as defined in sanctions regulations, to notify OFSI of certain information as soon as practicable when encountering a designated person in the course of their business. This requirement applies to relevant firms in the UK or under UK jurisdiction including people working for them. Chapter 5 of OFSI's general guidance covers reporting obligations. For further information on reporting obligations, including how to report to OFSI can be found here. | |
104 | 20 July 2022 | Implemented under 2019 UK-Russia Regulations | 20 July 2022 | The following entries have been amended under the Russia regime and remain subject to an asset freeze:
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105 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 14) Regulations 2022 | 21 July 2022 | Amends 2019 UK-Russia Regulations | 21 July 2022 | hese Regulations amend Part 5 of the 2019 Regulations, on trade, and insert related Schedules. New restrictions are imposed in relation to trade in:
The goods specified in new Schedules 3E, 3F, 3G and 3H are specified by reference to commodity codes which are set out in the Tariff of the United Kingdom. Provision in also made in relation to energy related goods, supplementing existing provision in Chapter 4 of Part 5. Provision is also made in relation to the giving of technical assistance to certain aircraft situated at UK airports. The remainder of the provisions in these Regulations relate to trade exceptions and enforcement. |
106 | GENERAL LICENCE: Payment to UK Insurance Companies for Building and Engineering Insurance | 22 July 2022 | Russia (Sanctions) (EU Exit) Regulations 2019 Regulations 11 to 15 | 22 July 2022 | Under the General Licence, individuals or entities designated under the UK Sanctions Regimes are permitted to make payments to UK insurers for insurance premiums and broker commissions relating to the provision of building and engineering insurance cover provided to UK properties. The licence also permits UK insurers to make payments to UK Designated Persons due as a result of a successful claim made against an insurance policy provided by the UK Insurer or refunds due as a result of any over payments made pursuant to this licence. The General Licence is applicable across multiple regimes. These are detailed in Annex 1. |
107 | 26 July 2022 | Implemented under 2019 UK-Russia Regulations | 26 July 2022 | 42 entries have been added to the consolidated list and are now subject to an asset freeze. Further information can be found in the annex to this Notice. The following entry has been corrected on the consolidated list and remains subject to an asset freeze:
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108 | GENERAL LICENCE – Wind Down of Positions Involving Rosbank General Licence - INT/2022/1968500 | 30 July 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 30 July 2022 | General licence INT/2022/1968500 extended for a period of 2 months to the 30 September, allowing for the winding down of positions involving Rosbank. |
109 | 2 August 2022 | Implemented under 2019 UK-Russia Regulations | 2 August 2022 | The following entries have been added to the Russia regime and are now subject to an asset freeze:
The following entry has been removed under the Russia regime and is no longer subject to an asset freeze:
18 entries have been amended and are still subject to an asset freeze. Further information can be found in the annex to this Notice. | |
110 | 9 August 2022 | Implemented under 2019 UK-Russia Regulations | 9 August 2022 | 27 entries have been amended under the Russia financial sanctions regime and remain subject to an asset freeze. Further information can be found in the annex to this Notice. | |
111 | GENERAL LICENCE – Mongolia Energy Payments General Licence - INT/2022/2085212 | 15 August 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 15 August 2022 | General Licence INT/2022/2085212 issued under the Russia sanctions regulations allowing payments to sanctioned Russia banks for the purpose of making energy available for use in Mongolia. Under this General Licence a Person may continue to make payments to certain Sanctioned Banks and Subsidiaries for the purpose of making energy available for use in Mongolia, and a Person, Relevant Institution, Sanctioned Bank or Subsidiary can carry out any activity reasonably necessary to effect this. |
112 | GENERAL LICENCE: Permitted Payments to UK Insurance Companies General Licence - INT/2022/2009156 | 22 July 2022 Amended 17 August 2022 | UK Autonomous Sanctions Regulations | 22 July 2022 | This licence allows UK designated persons to make certain permitted payments to UK insurers from a frozen bank account, and allows UK insurers to receive these payments. The licence applies to all UK autonomous sanctions regimes. General Licence INT 2022/2009156 has been amended to include within permitted payments:
This licence took effect on 22 July 2022, has been amended 17 August 2022 and is of indefinite duration. |
113 | GENERAL LICENCE – Continuation of Business of Evraz Plc’s North American Subsidiaries | 5 May 2022 Amended 18 August 2022. | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 5 May 2022 | This General License allows the continued business operations of Evraz' North American subsidiaries. |
114 | GENERAL LICENCE: Crown servants, contractors, & their family members General Licence - INT/2022/1845976 | 19 August 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 19 August 2022 | Under General Licence INT/2022/1845976, Crown Servants, Contractors, Family Members or Visiting Family Members may carry out activities in their personal capacity in Russia which would otherwise be prohibited by regulations 11-15 and 17A of the Russia Regulations. |
115 | General Licence - INT/2022/2104808 | 22 August 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 22 August 2022 | Under General Licence INT/2022/2104808, a bank is allowed to take payment of bank fees from frozen accounts. This licence takes effect from 22 August 2022 and is of indefinite duration. |
116 | General Licence - INT/2022/1280876 | 01 March 2022 Amended on 22 August 2022. | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 01 March 2022 | OFSI has amended General Licence INT/2022/1280876. This licence allows basic needs and other payments related to subsidiaries of designated Russian banks. It has been amended to include Guernsey subsidiary VTBC Asset Management International Limited and EU subsidiary VTB Bank (Europe) SE (VTBE) and any entity owned or controlled by VTBE incorporated in Germany. |
117 | 23 August 2022 | Implemented under 2019 UK-Russia Regulations | 23 August 2022 | 42 entries have been amended under the Russia financial sanctions regime and remain subject to an asset freeze. . Further information can be found in the annex to this Notice. The following entry has been removed from the Russia regime and is no longer subject to an asset freeze:
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118 | 16 September 2022 | Implemented under 2019 UK-Russia Regulations | 16 September 2022 | 1 entry has been added to and 3 entries removed from the Russia financial sanctions regime. Further information can be found in the annex to this Notice. | |
119 | 21 September 2022 | Russia (Sanctions) (EU Exit) regulations 2019 | 21 September 2022 | OFSI has updated its Russia guidance adding 3 new questions. Questions 24 to 26 further clarify how to use the food security licensing provision in the Russia (Sanctions) (EU Exit) Regulations 2019, particularly with regard to providing insurance. | |
120 | 26 September 2022 | Implemented under 2019 UK-Russia Regulations | 26 September 2022 | 92 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze. 3 entries have been amended and 1 entry corrected under the Russia financial sanctions regime and remain subject to an asset freeze. Further information can be found in the annex to this Notice. | |
121 | 30 September 2022 | Implemented under 2019 UK-Russia Regulations | 30 September 2022 | The following entry has been added to the consolidated list and is now subject to an asset freeze:
The following entries have been corrected and are still subject to an asset freeze:
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122 | 4 October 2022 | Implemented under 2019 UK-Russia Regulations | 4 October 2022 | The following entry has been added to the Russia regime and is now subject to an asset freeze:
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123 | General Licence - INT/2022/1280876 | 6 October 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 6 October 2022 | General Licence INT/2022/1280876 was further amended to include payments related to Insolvency Proceedings under the German Banking Act. |
124 | GENERAL LICENCE – London Court of International Arbitration (LCIA) Arbitration Costs General Licence - INT/2022/1552576 | 17 October 2022 | Implemented under Regulation 32 of the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 and under Regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019 | 17 October 2022 | Under General Licence INT/2022/1552576, Designated Persons (DPs), companies controlled by DPs or their legal representatives are allowed to make payments to the London Court of International Arbitration (LCIA) to cover their arbitration costs. General Licence INT/2022/1552576 also permits the LCIA to direct and receive such payments to use them to pay for arbitration costs and Relevant Institutions to process those payments. This licence takes effect from 17 October 2022 and is of indefinite duration. |
125 | 20 October 2022 | Implemented under 2019 UK-Russia Regulations | 20 October 2022 | The following entries have been added to the consolidated list and are now subject to an asset freeze:
The following entry has been amended on the consolidated list and remains subject to an asset freeze:
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126 | GENERAL LICENCE: Loans and Securities amendment General Licence - INT/2022/2307324 | 28 October 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 28 October 2022 | General Licence INT/2022/2307324 is a 7-day wind down licence, which will allow the granting of category 5 loans until 23:59 on 5 November. |
127 | GENERAL LICENCE: Securing Energy for Europe General Licence - INT/2022/ 2305324 | 28 October 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 28 October 2022 | Under General Licence INT/2022/2305324, Persons may grant category 5 loans to Saving Energy For Europe GmbH, otherwise known as Gazprom Germania, and its subsidiaries, including SEFE Marketing & Trading Limited and SEFE Energy Limited. This Licence takes effect from 23:59 on 28 October 2022 and expires on 29 October 2023. When assessing the potential for renewal of General Licence INT/2022/2305324 OFSI will consider the potential implications of this decision for the UK’s energy security. |
128 | OFSI issues a Legal Fees General Licence General Licence - INT/2022/2252300 | 28 October 2022 | Implemented under Regulation 32 of the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 and under Regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019 | 28 October 2022 | Under General Licence INT/2022/2252300, provided that one of the sets of conditions in one of parts A or B of the General Licence are complied with in full, any Person or Relevant Institution may receive payments from a DP; make payments (directly or indirectly) for or on behalf of a DP; make payments for the benefit of a DP; process payments which relate to a DP; and any Person or Relevant Institution may carry out any other act which is reasonably necessary to give effect to this. Any activity conducted under General Licence INT/2022/2252300 must be reported to HM Treasury within 7 days, with the details and supporting evidence requested in Part A or Part B. The reporting forms referenced at 9.4 of Part A and 11.5 of Part B of General Licence INT/2022/2252300 may be downloaded from the OFSI website here. |
129 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 15) Regulations 2022 | 28 October 2022 | Amends 2019 UK-Russia Regulations | 28 October 2022 | These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) to amend the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855). Regulation 3 prohibits the making of a new category of loan to certain persons and regulation 7 makes a consequential amendment enabling an exception from that prohibition. Regulation 4 inserts and amends definitions relating to the new and revised trade prohibitions. Regulation 5 creates new trade prohibitions in the 2019 Regulations relating to gold jewellery and to certain processed gold. Regulation 8(2) and (3) creates exceptions to those prohibitions. Regulations 9 and 10 make consequential amendments and regulation 11(9) amends the list of gold and gold products in order to define the items for which trade in gold jewellery is prohibited. Regulation 6 makes provision concerning the prohibition of imports of liquefied natural gas and the export of Russia’s vulnerable goods (set out in regulation 11(10) and Schedule 2) to Russia. Regulation 8(4) prescribes an exception to the Russia’s vulnerable goods prohibition. Regulation 11(2) to (4) makes minor clarificatory amendments to the lists of critical-industry goods and critical-industry technology. Regulation 11(5) adds items to the list of oil refining goods and technology and regulation 12(7) adds items to the list of revenue generating goods. Regulation 11(6) makes a minor clarificatory amendment to the list of quantum computing and advanced materials goods and technology. Regulation 11(8) and Schedule 1 insert additional goods as G7 dependency and further goods. Regulation 12 and Schedule 3 correct errors made in previous regulations amending the 2019 Regulations. |
130 | 2 November 2022 | Amends 2019 UK-Russia Regulations | 2 November 2022 | The following entries have been added to the Consolidated List and are now subject to an asset freeze:
3 entries have also been amended under the Russia regime and remain subject to an asset freeze. Further information can be found in the Notice, here. | |
131 | General Licence - INT/2022/2339452 | 2 November 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 2 November 2022 | General Licence INT/2022/2339452. This allows Truphone Limited to continue to make or receive payments for the purposes of continuing to provide telecommunication services. Further information can be found in the Notice, here. |
132 | General Licence - INT/2022/2349952 | 4 November 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 4 November 2022 | General Licence INT/2022/2349952 issued to allow, subject to certain conditions, transactions related to agricultural commodities including the provision of insurance and other services. |
133 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 16) Regulations 2022 | 4 November 2022 | Amends 2019 UK-Russia Regulations | 5 December 2022 | These amendments will apply to a UK person anywhere in the world or any person in the UK and UK territorial waters (henceforth “affected persons”). The amendments will ban the supply or delivery by ship of 2709 and 2710 oil and oil products from a place in Russia to a third country, or from one third country to another third country, as well as the provision of related ancillary services (including brokering services and financial assistance).1 2 The purpose of the amendments will be to encourage Russia to cease actions destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine, as stated in regulation 4 of the 2019 Regulations. |
134 | The Russia (Sanctions) (Overseas Territories) (Amendment) (No. 3) Order 2022 | 10 November 2022 | Russia (Sanctions) (Overseas Territories) Order 2020 | 10 November 2022 | This Order makes amendments to the Russia (Sanctions) (Overseas Territories) Order 2020 (S.I. 2020/1571) (the Principal Order). The Principal Order extends with modifications the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) (the Russia sanctions regulations) as amended from time to time to all British overseas territories except Bermuda and Gibraltar (which implement sanctions under their own legislative arrangements). The Russia sanctions regulations established a sanctions regime in relation to Russia for the purpose of encouraging Russia to cease actions destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine. The Russia sanctions regulations have been recently amended by the Russia (Sanctions) (EU Exit) (Amendment) (No. 11) Regulations 2022 (S.I. 2022/792), the Russia (Sanctions) (EU Exit) (Amendment) (No. 12) Regulations 2022 (S.I. 2022/801), the Russia (Sanctions) (EU Exit) (Amendment) (No. 13) Regulations 2022 (S.I. 2022/814) and the Russia (Sanctions) (EU Exit) (Amendment) (No. 14) Regulations 2022 (S.I. 2022/850) (the amending regulations). This Order makes the necessary amendments to the Principal Order to give effect in the relevant British overseas territories to the changes made to the Russia sanctions regime by the amending regulations. |
135 | 11 November 2022 | Amends 2019 UK-Russia Regulations | 11 November 2022 | One entry has been amended and is still subject to an asset freeze: Eugene Markovich SHVIDLER. Further information can be found in the Notice, here. | |
136 | GENERAL LICENCE – Truphone | 2 November 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 17 November 2022 | OFSI has also amended General Licence INT/2022/2339452 for Truphone telecommunications services. Details of the amendments can be found in the publication notice. |
137 | GENERAL LICENCE: Payment to Energy Companies for Gas and/or Electricity | 17 November 2022 | This licence is granted under all UK Autonomous Sanctions Regulations listed in Annex I of this licence | 17 November 2022 | OFSI issued General Licence INT/2022/2300292 under all UK Autonomous Sanctions Regulations (see Annex 1 of the General Licence for the list of relevant Regulations) which allows for payment to utility companies for gas and electricity by UK designated persons who own or rent properties in the UK. |
138 | 30 November 2022 | Amends 2019 UK-Russia Regulations | 30 November 2022 | 22 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze. Further information can be found in the annex to this Notice, here. | |
139 | GENERAL LICENCE – Oil Price Cap General Licence - INT/2022/2469656 | 4 December 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 4 December 2022 | Oil Services Ban and Price Cap information. Further information can be found here. |
140 | General Licence - INT/2022/2470256 | 4 December 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 4 December 2022 | Oil Services Ban and Price Cap information. Further information can be found here. |
141 | GENERAL LICENCE – Correspondent banking and payment processing General Licence - INT/2022/2470056 | 5 December 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 5 December 2022 | Oil Services Ban and Price Cap information. Further information can be found here. |
142 | GENERAL LICENCE – Oil Price Cap: Exempt Projects and Countries | 5 December 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 5 December 2022 | Oil Services Ban and Price Cap information. Further information can be found here. |
143 | 5 December 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 5 December 2022 | Guidance for the UK ban on the provision of maritime transportation of, and associated services for the maritime transportation of, certain Russian oil and oil products. Further information and reporting forms issued can be found here. | |
144 | 9 December 2022 | Amends 2019 UK-Russia Regulations | 9 December 2022 | The following entry has been added to the consolidated list and is now subject to an asset freeze:
The following entries have been corrected and are still subject to an asset freeze:
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145 | 13 December 2022 | Amends 2019 UK-Russia Regulations | 13 December 2022 | 16 entries have been added and 1 entry amended to the consolidated list and are subject to an asset freeze. Further information can be found in the annex to this Notice, here. | |
146 | GENERAL LICENCE: Trade 5 - Financial Prohibitions - 7 Day Winddown | 15 December 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 15 December 2022 | General Licence INT/2022/2448692 allows for a 7 day wind down period in respect to financial prohibitions in Regulations 16, 17 and 18B of the Russia Regulations. The General Licence takes effect from 00:01 on 16 December 2022 and expires at 23:59 on 22 December 2022. |
147 | Russia (Sanctions) (EU Exit) (Amendment) (No. 17) Regulations 2022 | 16 December 2022 | Amends 2019 UK-Russia Regulations | 16 December 2022 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 17) Regulations 2022 prohibit the provision of trust services:
Amendments have also been made to restrictions on transferable securities and money-market instruments, loan and credit arrangements, and investments in Russia. These amendments have been designed to prohibit new investments in Russia via third countries. OFSI has updated its Russia guidance to reflect these measures. |
148 | GENERAL LICENCE – Oil Price Cap General Licence - INT/2022/2469656 | 4 December 2022 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 3 February 2023 | The UK, in partnership with the G7 countries, Australia and the European Union, has already implemented a price cap on Russian crude oil trade by firms shipping oil to third countries. This cap was set at USD$60 per barrel, and came into effect on 5 December 2022. It was also agreed that a price cap would come into effect for Russian refined oil products from 5 February 2023, and the UK and its price cap Coalition partners have agreed that this cap will be determined by categorisation of refined oil products as follows:
As with the 5 December oil price cap, OFSI has issued a General Licence to implement the caps for oil products. As with the existing price cap for oil, the level of both caps will be kept under review. |
149 | GENERAL LICENCE – Refined Oil Products Winddown General Licence - INT/2023/2660772 | 3 February 2023 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 3 February 2023 | OFSI has issued a further wind-down General Licence for oil products. This will permit contracts to ship Russian oil products traded at a price above the relevant cap where the products were loaded before 5 February 2023, and are unloaded at the destination port by 1 April 2023. |
150 | UK Maritime Services Prohibition and Oil Price Cap Industry Guidance | 5 February 2023 | Amends 2019 UK-Russia Regulations | 5 February 2023 | OFSI has released updated guidance on the Maritime Services Prohibition and the Oil Price Cap, which provides full detail of the implementation of the price caps, OFSI’s approach to enforcement, and the requirements on involved persons. This has been reviewed and updated to reflect requests for clarification and additional details for refined oil products. Bespoke forms for required reporting, reporting suspected breaches, and specific license applications are available here. HM Treasury will organise teach-ins for interested stakeholders over the next few weeks. |
151 | 8 February 2023 | Amends 2019 UK-Russia Regulations | 8 February 2023 | 8 individuals and 7 entities have been added to the Russia financial sanctions regime and are now subject to an asset freeze. Further information can be found in the annex to this Notice. | |
152 | 24 February 2023 | Amends 2019 UK-Russia Regulations | 24 February 2023 | 92 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze. Furthermore, the following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze:
Further information can be found in the annex to this Notice. | |
153 | 10 March 2023 | Amends 2019 UK-Russia Regulations | 10 March 2023 | The following entries have been amended under the Russia financial sanctions regime and remain subject to an asset freeze:
Furthermore, 14 entries have also been corrected under the Russia regime and remain subject to an asset freeze. The relevant notice can be found here. | |
154 | 17 March 2023 | Amends 2019 UK-Russia Regulations | 17 March 2023 | The following entry has been amended under the Russia regime and remains subject to an asset freeze:
The following entry has been removed from the Russia regime and is no longer subject to an asset freeze:
Furthermore, the following duplicate entry has been removed from the Russia regime and remains subject to an asset freeze under the Belarus regime:
Further information can be found in the annex to this Notice, here. | |
155 | General Licence – Publication Notice – Trust Services Sanctions General Licence - INT/2023/2589788 | 21 March 2023 | Amends 2019 UK-Russia Regulations | 21 March 2023 | OFSI has issued General Licence INT/2023/2589788 under Regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019. Under this General Licence, persons may wind down the provision of trust services to a designated person. The permissions under this General Licence apply to persons from the date of designation and will expire at 23:59 on the 90th calendar day from taking effect for the purposes of Regulation 18C. Note that the expiry date will differ depending on the date for each designation. It may be varied, revoked, or suspended by HM Treasury at any time. Any persons intending to use the General Licence should first consult the copy of the Licence and refer to OFSI’s general guidance. Persons using the General Licence must report to OFSI within 30 calendar days of undertaking any activity. The relevant reporting form can be found here. OFSI has also published a blog and updated its Russia guidance to include further information on prohibitions on trust services. The latest guidance can be found here. |
156 | 22 March 2023 | Amends 2019 UK-Russia Regulations | 22 March 2023 | All persons currently designated under the Russia regime (1,730 entries) have been amended on the Consolidated List and are now subject to trust services sanctions. 7 entries have also been updated to reflect existing further restrictions. The 'Other Information' field for all entries has been amended to provide details of further financial restrictions, and the date trust services sanctions were imposed. All entries remain subject to an asset freeze and no further changes have been made to the Consolidated List. Further details can be found in the notice. | |
157 | 22 March 2023 | Amends 2019 UK-Russia Regulations | 22 March 2023 | The following duplicate entry has been removed from the consolidated list. The original entry (Sergei Borisovich Korolyov) remains on the consolidated list under the Russia regime and the individual is still subject to an asset freeze:
The following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze:
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158 | GENERAL LICENCE – Bond amendments and restructurings for non-Designated Persons General Licence - INT/2023/2824812 | 28 March 2023 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 28 March 2023 | On 28 March 2023, OFSI issued General Licence INT/2023/2824812 under regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019 (“the Russia Regulations”) to allow, subject to certain conditions, transactions related to Bond amendments and restructurings for non-Designated Persons. Further details can be found in the General Licence, here. |
159 | 12 April 2023 | Amends 2019 UK-Russia Regulations | 12 April 2023 | 14 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze. Furthermore, the following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze: Nikolay Ivanovich Bortsov. OFSI’s consolidated list of asset freeze targets has been updated to reflect these changes. Further details can be found in the Notice here. | |
160 | 13 April 2023 | Amends 2019 UK-Russia Regulations | 13 April 2023 | The following entries has been amended under the Russia financial sanctions regime and remain subject to an asset freeze:
OFSI’s consolidated list of asset freeze targets has been updated to reflect these changes. Further details can be found in the Notice here. | |
161 | 21 April 2023 | Amends 2019 UK-Russia Regulations | 21 April 2023 | The following entries have been added to the consolidated list under the Russia financial sanctions regimes and are now subject to an asset freeze.
OFSI’s consolidated list of asset freeze targets has been updated to reflect these changes. Further details can be found in the Notice, here. | |
162 | The Russia (Sanctions) (EU Exit) (Amendment) Regulations 2023 Statutory Instruments 2023 | 21 April 2023 | Amends 2019 UK-Russia Regulations | 21 April 2023 | These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) to amend the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) (the 2019 Regulations). Regulations 3 to 8 amend Part 5 (which makes provision in respect of trade) of the 2019 Regulations. Regulation 3 specifically inserts a new Chapter 4CA which makes specific provision prohibiting the importation of iron and steel products, containing iron or steel originating in Russia, that have been processed in a third-country. Regulation 4 amends Chapter 4G which makes provision for revenue generating goods. In doing so, it recasts the former Schedule 3D, and makes consequential amendments to regulations 46R to 46X. Regulation 5 inserts a new Chapter 4GA which also makes provision in respect of revenue generating goods and introduces a new Schedule 3DA which specifies certain revenue generating goods. No good appears in both Schedule 3D and Schedule 3DA. Regulation 6 makes remedial amendments to Chapter 4I which relates to oil and oil products. Regulations 7 and 8 make similar provision in relation to gold (Chapter 4J) and coal and coal products (Chapter 4K) respectively. Regulation 9, 10 and 11 amend Part 7 (which makes provision for exceptions and licences) of the 2019 Regulations. The amendments include provision relating to the acquisition of otherwise prohibited goods for the purpose of the function of a United Kingdom diplomatic mission in Russia, and the acquisition of certain goods by United Kingdom nationals situated in Russia for use in Russia. Regulations 12 and 13 make provision in relation to enforcement of the 2019 Regulations. The remainder of the Regulations amend certain Schedules to the 2019 Regulations, some of which changes are remedial, whilst others, such as the insertion of Schedule 3DA, are entirely new. |
163 | General Licence - Legal Services General Licence - INT/2023/2954852 | 28 April 2023 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 28 April 2023 | On Friday 28 April 2023, General Licence INT/2022/2252300 expired. At 00:01 hours on Saturday 29 April 2023, a new General Licence was issued covering legal services - General Licence INT/2023/2954852 (the General Licence). The General Licence and its reporting forms can be found here on GOV.UK. Those intending to use the General Licence should consult the copy of the licence for full details of the definitions, permissions, and usage requirements as these do not mirror those of General Licence INT/2022/2252300. To accompany this update, OFSI has published a blog detailing the amendments to the General Licence. The blog can be found here on GOV.UK. |
164 | GENERAL LICENCE – Continuation of Business of Evraz Plc’s North American Subsidiaries General Licence - INT/2022/1710676 | 4 May 2023 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 4 May 2023 | General Licence INT/2022/1710676 has been amended. The definition of the “North American Subsidiaries” has been amended to clarify that the subsidiary companies of Evraz North America plc, Evraz Inc. NA and Evraz Inc. NA – Canada are covered by General Licence INT/2022/1710676. |
165 | OFSI Licensing: Travel Guidance Guidance on travel allowance for licence applications | 12 May 2023 | Implemented under 2019 UK-Russia Regulations | 12 May 2023 | OFSI has published a new guidance to applicants of licences to release frozen funds for travel and associated expenses. It provides guidance on OFSI’s expected standard of reasonableness regarding the use of funds and economic resources for travel and expenses. Further details can be found here. |
166 | 16 May 2023 | Amends 2019 UK-Russia Regulations | 16 May 2023 | The following entry has been amended under the Russia financial sanctions regime:
OFSI’s consolidated list of asset freeze targets has been updated to reflect these changes. Further details can be found in the Notice here. | |
167 | 19 May 2023 | Amends 2019 UK-Russia Regulations | 19 May 2023 | 86 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze and trust service sanctions. The following entries have been removed from the Consolidated List and are no longer subject to an asset freeze or trust services sanctions:
Further details can be found in the Notice here. | |
168 | 22 May 2023 | Amends 2019 UK-Russia Regulations | 22 May 2023 | The following entries have been amended and are still subject to an asset freeze and trust services sanctions:
The Non-Latin Script Language for the following entry has been updated. No material changes have been made to the Consolidated List in HTML/PDF format:
Further details can be found in the Notice, here. | |
169 | GENERAL LICENCE – Prior obligations General Licence - INT/2023/3024200 | 22 May 2023 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 22 May 2023 | OFSI has issued a new General Licence to enable the payment of funds or economic resources from a designated person to a UK person to satisfy contractual obligations that arose pre-designation. The General Licence and its reporting forms can be found here. Anybody intending to use the General Licence should consult the copy of the licence for full details of the definitions, permissions, and usage requirements. |
170 | GENERAL LICENCE – London Court of International Arbitration (LCIA) Arbitration Costs General Licence - INT/2022/1552576 | 5 June 2023 | Implemented under Regulation 32 of the UK - Belarus Regulations of 2019 and Regulation 64 of the 2019 UK-Russia Regulations | 5 June 2023 | General Licence INT/2022/1552576 was amended to allow:
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171 | General Licence - INT/2022/2349952 | 6 June 2023 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 6 June 2023 | General Licence INT/2022/2349952 was amended to allow the Grain and Feed Trade Association (GAFTA) to receive funds and economic resources from any person, including designated persons, in connection with the direct and indirect provision of services related to contracts for the trade in agricultural commodities, by or on behalf of GAFTA. |
172 | Republic of Belarus (Sanctions) (EU Exit) (Amendment) Regulations 2023 | 9 June 2023 | Amending theRepublic of Belarus (Sanctions) (EU Exit) Regulations 2019 | 9 June 2023 | The 2019 Belarus Regulations are being amended in June 2023 to target exports from Belarus that fund Lukashenko’s regime and to target the circumvention of sanctions against Russia. The Belarusian regime continues to openly facilitate Russia’s illegal invasion of Ukraine. Belarus also continues to provide diplomatic support to Russia and their economies are closely integrated. The measures imposed and amended by the Amendment Regulations include the following:
These further sanctions align with HMG’s strategic approach in response to Russia’s illegal invasion of Ukraine by deterring the Belarusian regime from supporting or enabling Russian actions that are destabilising Ukraine and demonstrating that the UK strongly condemns Belarus’ role in facilitating Russia’s invasion of Ukraine. |
173 | The Now-revoked General License - INT/2022/2305324 | 14 June 2023 | Revoking the general licence implemented under Regulation 64 of the 2019 UK-Russia Regulations | 14 June 2023 | On 14 June 2023, the Securing Energy for Europe General Licence (GL) INT/2022/2305324 was revoked. |
174 | GENERAL LICENCE – Oil Price Cap: Trading in Derivatives and Futures General Licence - INT/2023/3074680 | 14 June 2023 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 14 June 2023 | OFSI issued General Licence INT/2023/3074680. This General Licence permits trading in derivatives and futures related to the supply or delivery by ship of Russian oil and oil products which would otherwise breach the prohibition in regulation 46Z9C of the Russia Regulations. |
175 | Updated guidance for the Maritime Services Ban and Oil Price Cap | 14 June 2023 | Implemented under Regulation 64 of 2019 UK-Russia Regulations | 14 June 2023 | OSFI published updated guidance for the Maritime Services Ban and Oil Price Cap, to provide additional clarity and detail on the following:
Bespoke reporting forms for required reporting, reporting suspected breaches, and specific licence applications can be found here. |
176 | THE RUSSIA (SANCTIONS) (EU EXIT) (AMENDMENT) (NO. 2) REGULATIONS 2023 No. 665 | 19 June 2023 | Amendments to the 2019 UK-Russia Regulations | 20 June 2023 | These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) (the Act) to amend the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) (the 2019 Regulations) (as amended). |
177 | GENERAL LICENCE: Humanitarian Activity General Licence - INT/2022/1947936 | 20 June 2023 | Implemented under Regulation 64 of the 2019 UK-Russia Regulations | 20 June 2023 | General Licence INT/2022/1947936 was amended to update:
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178 | 23 June 2023 | Amends the 2019 UK-Russia Regulations | 23 June 2023 | On 23 June 2023 the following entries have been amended and are still subject to an asset freeze and trust services sanctions:
OFSI’s consolidated list of asset freeze targets has been updated to reflect this change. | |
179 | GENERAL LICENCE – Continuation of Business of Evraz Plc’s North American Subsidiaries General Licence - INT/2022/1710676 | 5 May 2022 | Implemented under Regulation 64 of the 2019 UK-Russia Regulations | 26 June 2023 | On 26 June 2023 General Licence INT/2022/1710676 has been extended further and will expire on 31 March 2024. |
180 | General Licence - INT/2022/1875276 | 30 May 2022 | Implemented under Regulation 64 of the 2019 UK-Russia Regulations | 26 June 2023 | General Licence INT/2022/1875276 has been amended to:
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181 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 3) Regulations 2023 | 30 June 2023 | Amendments to the 2019 UK-Russia Regulations | 30 June 2023 | This instrument amends the 2019 UK-Russia Regulations to impose further trade sanctions in relation to Russia. |
182 | 6 July 2023 | Amends the 2019 UK-Russia Regulations | 6 July 2023 | The following entry has been removed from the OFIS’s Russia financial sanctions regime and is no longer subject to an asset freeze:
OFSI’s consolidated list of asset freeze targets has been updated to reflect this change. | |
183 | 17 July 2023 | Amends the 2019 UK-Russia Regulations | 17 July 2023 | 14 entries have been added and 10 entries have been amended under the UK Russia financial sanctions regime. These entries are all subject to an asset freeze and trust services sanctions. The OFSI’s consolidated list of asset freeze targets has been updated to reflect these changes and can be accessed here. Further details can be found in the annex to the Notice here. | |
184 | The Russia (Sanctions) (Overseas Territories) (Amendment) (No. 2) Order 2023 | 19 July 2023 | Amendments to the 2019 UK-Russia Regulations | 20 July 2023 and Article 4 on 30 September 2023 | This Order makes amendments to the Russia (Sanctions) (Overseas Territories) Order 2020 (S.I. 2020/1571) (the “Principal Order”). The Principal Order extends with modifications the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) (the “Russia sanctions regulations”) as amended from time to time to all British overseas territories except Bermuda and Gibraltar (which implement sanctions under their own legislative arrangements). The Russia sanctions regulations established a sanctions regime in relation to Russia for the purpose of encouraging Russia to cease actions destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine. The Russia sanctions regulations have recently been amended by the Russia (Sanctions) (EU Exit) (Amendment) Regulations 2023 (S.I. 2023/440); the Russia (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2023 (S.I. 2023/665) and the Russia (Sanctions) (EU Exit) (Amendment) (No. 3) Regulations 2023 (S.I. 2023/713) (together “the amending regulations”). This Order makes the necessary amendments to the Principal Order to give effect in the relevant British overseas territories to the changes made to the Russia sanctions regime by the amending regulations:
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185 | 20 July 2023 | Amends the 2019 UK-Russia Regulations | 20 July 2023 | The following entry has been removed from the Russia financial sanctions regime:
Furthermore, the following entry has also been corrected under the Russia financial sanctions regime and remains subject to an asset freeze and trust services sanctions:
Further details can be found in the annex to the Notice. | |
186 | GENERAL LICENCE – Mongolia Energy Payments General Licence - INT/2022/2085212 | 15 August 2022 and | Amends the 2019 UK-Russia Regulations | 27 July 2023 | On 27 July 2023 OFSI amended General Licence INT/2022/2085212. This amendment extends the duration of the General Licence, which will now expire on 14 August 2025. |
187 | 28 July 2023 | Amends the 2019 UK-Russia Regulations | 28 July 2023 | The following entries have been amended under the Russia regime and remain subject to an asset freeze and trust services sanctions:
Further details can be found in the annex to the Notice. | |
188 | 31 July 2023 | Amends the 2019 UK-Russia Regulations | 31 July 2023 | 6 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze and trust services sanctions:
Furthermore, the following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze and trust services sanctions:
Further details can be found in the annex to the Notice. | |
189 | GENERAL LICENCE - GTLK Companies and their Subsidiaries – Insolvency related payments and activities General Licence - INT/2023/3263556 | 1 August 2023 | Implemented under Regulation 64 of the 2019 UK-Russia Regulations | 1 August 2023 | The General Licence INT/2023/3263556 allows payments and other permitted activities to take place in relation to insolvency proceedings associated with GTLK Europe and GTLK Capital and their subsidiaries. |
190 | 8 August 2023 | Amends the 2019 UK-Russia Regulations | 8 August 2023 | 19 entries have been added, and 1 entry has been corrected under the Russia financial sanctions regime. All entries are subject to an asset freeze and trust services sanctions. Further details can be found in the annex to the Notice, here. | |
191 | 8 August 2023 | Amends the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 | 8 August 2023 | The following entries have been added to the Belarus financial sanctions regime and are now subject to an asset freeze:
Further details can be found to the Notice, here. | |
192 | General licence - INT/2022/1875276 | 30 May 2022 | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 23 August 2023 | General Licence INT/2022/1875276 has been amended to clarify that PJSC MegaFon is a designated person operating in the civilian telecommunications and news media service industry. |
193 | GENERAL LICENCE - GTLK Companies and their Subsidiaries – Insolvency related payments and activities General licence - INT/2023/3263556 | 01 August 2023 | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 23 August 2023 | General Licence INT/2023/3263556 has been amended to make clear that STLC Europe Nine Leasing Limited is covered by the licence. |
194 | 31 August 2023 | Amends the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 | 31 August 2023 | The following entry has been amended under the Belarus financial sanctions regime and remains subject to an asset freeze: DANA HOLDINGS A.K.A DANA ASTRA | |
195 | GENERAL LICENCE: Payment to Water Companies for Water & Sewage General licence - INT/2023/3179120 | 21 September 2023 | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 21 September 2023 | General Licence INT/2023/3179120 was issued covering payments to water companies for water and sewage.
Under this licence, subject to the conditions
A Relevant UK Institution may process payments made in accordance with paragraphs above. Reporting Requirements On a quarterly basis, the UK DP must report to HM Treasury, with details and supporting evidence of:
Within 14 days of making a Return Payment under this licence, the Water Companies must report to HM Treasury, with details of:
The Water Companies and UK DPs must keep accurate, complete and readable records, on paper or electronically, of any activity purporting to have been permitted under this licence for a minimum of 6 years. |
196 | 27 September 2023 | Amends the 2019 UK-Russia Regulations | 27 September 2023 | The following entry has been amended under the Russia regime and remains subject to an asset freeze and trust services sanctions: | |
197 | 29 September 2023 | Amends the 2019 UK-Russia Regulations | 29 September 2023 | 11 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze and trust services sanctions. | |
198 | GENERAL LICENCE – Correspondent Banking Payments General licence - INT/2023/3566356 | 29 September 2023 | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 29 September 2023 | General Licence INT/2023/3566356 was issued covering correspondent banking payments - |
199 | GENERAL LICENCE – Prior obligations General licence - INT/2023/3024200 | 10 October 2023 | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 10 October 2023 | General Licence INT/2023/3024200 has been extended, with additional amendments made to its conditions, definitions and annexes. |
200 | GENERAL LICENCE: Payment to Energy Companies for Gas and/or Electricity General licence - INT/2022/2300292 | 17 November 2022 | All UK Autonomous Sanctions Regulations listed in Annex I of this licence | 13 October 2023 | OFSI amended General Licence INT/2022/2300292 - Payment to Energy Companies for Gas and/or Electricity. |
201 | GENERAL LICENCE: Payments to Companies House | 19 October 2023 | All UK Autonomous Sanctions Regulations listed in Annex I of this licence | 6 October 2023 | OFSI amended General Licence INT/2023/3626884 - Payments to Companies House. |
202 | General licence – Legal Services | 25 October 2023 | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 25 October 2023 | New OFSI General Licence INT/2023/3744968 for Legal services to replace current licence INT/2023/2954852 from 29 October 2023. The main changes are:
General Licence INT/2023/3744968 takes effect on 29 October 2023 and expires on 28 April 2024 and may be varied, revoked, or suspended by HM Treasury at any time. General Licence – Publication Notice can be found here. |
203 | GENERAL LICENCE – Continuation of Business and Basic Needs for Telecommunications Services and News Media Services | 30 May 2022 | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 27 October 2023 | On 27 October 2023, General Licence INT/2022/1875276 was updated to clarify that:
The General Licence and the Publication Notice can be found here. |
204 | 8 November 2023 | Amends the 2019 UK-Russia Regulations | 8 November 2023 | 29 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze and trust services sanctions. | |
205 | 9 November 2023 | Amends the 2019 UK-Russia Regulations | 9 November 2023 | The following entry has been removed from the Russia financial sanctions regime and is no longer subject to an asset freeze or trust services sanctions: | |
206 | GENERAL LICENCE – Russian Travel | 23 May 2022 Amended | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 10 November 2023 | OFSI amended General Licence INT/2022/1839676 - Russian Travel. |
207 | GENERAL LICENCE – London Court of International Arbitration (LCIA) Arbitration Costs | 17 October 2022 and amended 05 June 2023 | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 13 November 2023 | OFSI amended General Licence INT/2022/1552576 - London Court of International Arbitration (“LCIA”) Arbitration Costs. |
208 | 6 December 2023 | Amends the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 | 6 December 2023 | The following entry has been added to the Belarus financial sanctions regime and is now subject to an asset freeze:
Further details can be found in the Notice, here. | |
209 | 6 December 2023 | Amends the 2019 UK-Russia Regulations | 6 December 2023 | 45 entries have been added to the Russia financial sanctions regime and are now subject to an asset freeze and trust services sanctions. More information can be found in the notice, here. | |
210 | 8 December 2023 | Amends the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 | 8 December 2023 | 17 entries have been added to the Belarus financial sanctions regime and are now subject to an asset freeze. More information can be found in the notice, here. | |
211 | General Licence: Payments to Local Authorities General licence - INT/2023/3781228 | 8 December 2023 | Under all UK Autonomous Sanctions Regulations | 8 December 2023 | A new General Licence was issued covering payments to local authorities - General Licence INT/2023/3781228 (the General Licence). The General Licence and its publication notice can be found on GOV.UK. Anybody intending to use the General Licence should consult the copy of the licence for full details of the definitions, permissions, and usage requirements. More information can be found here. |
212 | 11 December 2023 | Amends the 2019 UK-Russia Regulations | 11 December 2023 | The following entry has been amended and is still subject to an asset freeze and trust services sanctions: OOO MVIZION | |
213 | 11 December 2023 | Amends the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 | 11 December 2023 | The following entries have been amended and are still subject to an asset freeze:
More information can be found in the notice, here. | |
214 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 4) Regulations 2023 | 14 December 2023 | Amends the 2019 UK-Russia Regulations | Regulations 17, 18, 20 and 21 come into force on 26 December 2023. | These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) to amend the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) (the 2019 Regulations). |
215 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 5) Regulations 2023 | 14 December 2023 | Amends the 2019 UK-Russia Regulations | 1 January 2024 | These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) to amend the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855). |
216 | 15 December 2023 | Amends the 2019 UK-Russia Regulations | 15 December 2023 | 1 entry has been added and is now subject to an asset freeze, prohibitions on correspondent banking relationships and trust services sanctions: Joint-Stock Commercial Bank Novikombank and 26 entries have been amended and are all subject to an asset freeze, prohibitions on correspondent banking relationships and trust services sanctions. | |
217 | Maritime Services Ban and Oil Price Cap Exception - HMT Industry Guidance | 20 December 2023 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 16) Regulations 2022. | 20 December 2023 | OFSI published updated guidance for the Maritime Services Ban and Oil Price Cap, to provide additional clarity and detail on the following: |
218 | 20 December 2023 | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 20 December 2023 | Amendments to General licences - INT/2022/2469656, INT/2022/2470256, INT/2022/2470056, INT/2022/2470156, INT/2023/2660772 and INT/2023/3074680 | |
219 | 21 December 2023 | Amends the 2019 UK-Russia Regulations | 21 December 2023 | The following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze and trust services sanctions: | |
220 | GENERAL LICENCE: Permitted Payments to UK Insurance Companies INT/2022/2009156 | 22 July 2022 | Under all UK Autonomous Sanctions Regulations | 15 February 2024 | OFSI amended General licence - INT/2022/2009156 to remove reference to frozen UK bank accounts from Permissions 4.1, 4.3.1, and 6.1 to make clear that payments by DPs are not restricted to those made from frozen funds; and the language in permission 5.1 and 6.6 has been clarified. |
221 | 22 February 2024 | Amends the 2019 UK-Russia Regulations | 22 February 2024 | 50 entries have been added to and 3 have been amended on the Russia financial sanctions regime and are now subject to an asset freeze and trust services sanctions. More information can be found in the notice. | |
222 | 22 February 2024 | Amends the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 | 22 February 2024 | 2 entries has been added to the Belarus financial sanctions regime and are now subject to an asset freeze: | |
223 | 23 February 2024 | Amends the 2019 UK-Russia Regulations | 23 February 2024 | The following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze and trusts services sanctions: | |
224 | The Russia (Sanctions) (EU Exit) (Amendment) Regulations 2024 | 28 February 2024 | Amends the 2019 UK-Russia Regulations | 1 March 2024 | On 1 March 2024, the UK Government issued a detailed guidance on the measures concerning Russian diamonds processed in third countries and the key components of this guidance are: Regulations Overview: Prohibits import of diamonds meeting specific criteria, including Russian origin and processing in third countries. Applies to diamonds equal to or larger than 1 carat from 1 March 2024, and 0.5 carats from 1 September 2024. Guidance on Compliance: Traders must provide evidence of supply chain history consistent with regulations. Required documentation includes weight, country of origin, processing details, and compliance attestation. Licensing Provisions: Traders can apply for individual licences for prohibited imports, subject to specific criteria. General Trade Licence allows import of certain diamonds processed outside Russia before 1 March 2024, with record-keeping requirements. Enforcement and Due Diligence: Traders may need to provide evidence of compliance at the border. HM Revenue and Customs is responsible for enforcement and investigating offenses. Non-compliance may result in criminal penalties. For detailed information, refer to the statutory guidance on Russia sanctions here The General Trade Licence for sanctioned Russian diamonds processed in third countries can be found here. The Russia (Sanctions) (EU Exit) (Amendment) Regulations 2024 can be accessed here and the Explanatory Memorandum here. |
225 | GENERAL LICENCE – Court Funds Office Payments INT/2024/4398024 | 29 February 2024 | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 29 February 2024 | Under this licence, subject to the conditions below: A Person may make Permitted Payments, being the payment of monies owed to Designated Persons into Civil Court pursuant to a Court Order, into a bank account held by the Court Funds Office, following confirmation by the Court Funds Office of the relevant bank details. The Court Funds Office may receive Permitted Payments from a Person. A Relevant UK Institution may carry out any activity necessary to effect the permissions listed in paragraph above. Reporting Requirements - A Person making a payment in the manner described above (see paragraph 4 of this general licence) must, within 14 days of completing such a transaction, provide HM Treasury with details of the payments and supporting evidence of the name of the Designated Person; the amount(s) paid; a copy of the Court Order; and the date on which the funds were paid. Record-keeping Requirements - A Person must keep accurate, complete and readable records, on paper or electronically, of any activity purporting to have been permitted under this licence for a minimum of 6 years. |
226 | 1 March 2024 | Amends the 2019 UK-Russia Regulations | 1 March 2024 | The following entry has been corrected under the Russia financial sanctions regime and remains subject to an asset freeze and trusts services sanctions: Vladimir Vladimirovich Mikheychik | |
227 | 5 March 2024 | Amends the 2019 UK-Russia Regulations | 5 March 2024 | The following entry has been removed from the Russia financial sanctions regime and is no longer subject to an asset freeze or trust services sanctions: Igor Viktorovich Makarov | |
228 | The Russia (Sanctions) (Overseas Territories) (Amendment) Order 2024 | 13 March 2024 | Amends the Russia (Sanctions) (Overseas Territories) Order 2020 | 14 March 2024 | This Order makes amendments to the Russia (Sanctions) (Overseas Territories) Order 2020 (S.I. 2020/1571) (“the Principal Order”). The Principal Order extends with modifications the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) (“the Russia sanctions regulations”) as amended from time to time to all British overseas territories except Bermuda and Gibraltar (which implement sanctions under their own legislative arrangements). The Russia sanctions regulations established a sanctions regime in relation to Russia for the purpose of encouraging Russia to cease actions destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine. The Russia sanctions regulations have recently been amended by the Russia (Sanctions) (EU Exit) (Amendment) (No. 4) Regulations 2023 (S.I. 2023/1364) (“the amending regulations”). This Order makes the necessary amendments to the Principal Order to give effect in the relevant British overseas territories to the changes made to the Russia sanctions regime by the amending regulations. |
229 | GENERAL LICENCE – Active Denizcilik and Beks Ships Transit to Port and Wind Down INT/2024/4576632 | 28 March 2024 | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 28 March 2024 | This General Licence permits insurance and other services to be paid for in respect of vessels currently at sea managed by Active Denizcilik to facilitate their entry to port, and to permit persons to wind down their relationships involving both Active Denizcilik and Beks Gemi for the duration of this licence. |
230 | GENERAL LICENCE UNDER THE RUSSIA REGULATIONS AND THE BELARUS REGULATIONS Legal Services General Licence INT/2024/4671884 | 26 April 2024 | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 29 April 2024 | Legal Services General Licence expired and replaced - On 28 April 2024, General Licence INT/2023/3744968 expired. |
231 | 3 May 2024 | Amends the 2019 UK-Russia Regulations | 3 May 2024 | The following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze and trust services sanctions: | |
232 | 8 May 2024 | Amends the 2019 UK-Russia Regulations | 8 May 2024 | The following entry has been amended under the Russia financial sanctions regime and remains subject to an asset freeze and trust services sanctions: | |
233 | 13 May 2024 | Section 6 - Licensing | 13 May 2024 | Section 6 Licensing: OFSI has amended its guidance on our approach to licensing grounds for UK regimes, including updating the definitions for Extraordinary Expenses and Extraordinary Situations. | |
234 | 17 May 2024 | Amends the 2019 UK-Russia Regulations | 17 May 2024 | The following entry has been added to the Russia financial sanctions regime and remains subject to an asset freeze and trusts services sanctions: | |
235 | Russia (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2024 | 24 May 2024 | Amends the 2019 UK-Russia Regulations | 28 May 2024 | These amendments modify the existing Russia (Sanctions) (EU Exit) Regulations 2019 under the Sanctions and Anti-Money Laundering Act 2018. These updates aim to enhance the effectiveness of existing sanctions against Russia and come into force from 28 May 2024 |
236 | GENERAL LICENCE – Funds of non-designated third parties involving designated credit or financial institutions (Personal Remittances) INT/2024/4761108 | 28 May 2024 | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 28 May 2024 | Funds of non-designated third parties involving designated credit or financial institutions (Personal Remittances) General Licence issued. |
237 | INT/2022/1280876 | 01 March 2022 Amended | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 31 May 2024 | General Licence INT/2022/1280876 was amended to permit a scheme of arrangement prepared by the Joint Administrators of VTB Capital plc. For full details of the new definitions and permissions that are associated with this amendment OFSI recommends consulting the copy of the Licence, in particular paragraphs 5.3(a) – 5.7. |
238 | 31 May 2024 | Amends the 2019 UK-Russia Regulations | 31 May 2024 | The following entry has been amended under the Russia financial sanctions regime and is still subject to an asset freeze: | |
239 | 13 June 2024 | Amends the 2019 UK-Russia Regulations | 13 June 2024 | 42 entries have been added to the Consolidated List and are now subject to an asset freeze and trust services sanctions. Further information can be found in the Annex to this Notice. | |
240 | 14 June 2024 | Amends the 2019 UK-Russia Regulations | 14 June 2024 | The following entries have been corrected under the Russia financial sanctions regime and are still subject to an asset freeze and trusts services sanctions: Central Counterparty National Clearing Centre and LLC Kompaniya AMG. | |
241 | GENERAL LICENCE: Payments to the FCA INT/2024/4836676 | 20 June 2024 | UK Autonomous Sanctions Regulations | 20 June 2024 | This General Licence allows for payments to the Financial Conduct Authority (FCA) from a Designated Person (DP), or on behalf of a DP. |
242 | 25 June 2024 | Amends the 2019 UK-Russia Regulations | 25 June 2024 | The following entry has been removed from the Consolidated List and is no longer subject to an asset freeze or trust services sanctions: Aleksei Nikolaevich FILIPPOVSKII | |
243 | 26 June 2024 | Amends the 2019 UK-Russia Regulations | 26 June 2024 | The following entries have been amended under the Russia financial sanctions regime and are still subject to an asset freeze and trust services sanctions: The following entries have been amended and are still subject to an asset freeze:
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244 | GENERAL LICENCE: Payments for Statutory Audits | 27 June 2024 | UK Autonomous Sanctions Regulations | 27 June 2024 | This General Licence allows for payments to Statutory Auditors for a Statutory Audit from a Designated Person (DP), or on behalf of a DP. |
245 | GENERAL LICENCE – Oil Price Cap: Exempt Projects and Countries | 04 December 2022 Amended 05 January 2023 14 September 2023 28 June 2024 | Implemented under regulation 64 of the 2019 UK-Russia Regulations | 28 June 2024 | On 28 June, the Office of Financial Sanctions Implementation (OSFI) updated the Oil Price Cap General Licence: Exempt Projects and Countries – INT/2022/2470156– to extend the Sakhalin-2 Project expiration date to the 28 June 2025. |
246 | GENERAL LICENCE: Payments to Revenue Authorities | 1 July 2024 | UK Autonomous Sanctions Regulations | 1 July 2024 | On 1 July 2024, General Licence INT/2024/4881897 (the General Licence) was issued. |
247 | GENERAL LICENCE: Payments for Visa Application Services | 3 July 2024 | UK Autonomous Sanctions Regulations | 3 July 2024 | This General Licence allows for payments to Visa Application Services Providers from a Designated Person (DP), or on behalf of a DP. |
248 | 3 July 2024 | Implemented under regulation 64 of the Russia (Sanctions) (EU Exit) (Regulations) 2019 | 3 July 2024 | This General Licence allows for the sale, divestment or transfer of financial instruments held at the National Settlement Depository of Russia (NSD), and the payment of safe keeping fees to the NSD for the holding of such financial instruments. | |
249 | INT/2022/1280876 | 01 March 2022 | Implemented under regulation 64 of the Russia (Sanctions) (EU Exit) (Regulations) 2019 | 23 July 2024 | General licence INT/2022/1280876 on Russian Banks. This General Licence was amended to change Permission 5.2, specifically the Insolvency Proceedings that apply to OWH SE (previously known as VTB Bank (Europe) SE), the EU subsidiary. |
250 | The Russia (Sanctions) (EU Exit) (Amendment) (No. 3) Regulations 2024 | 30 July 2024 | Made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) (SAMLA), and amend the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) (the 2019 Regulations) | 31 July 2024 | These Regulations are made under the Sanctions and Anti-Money Laundering Act 2018 (c. 13) (SAMLA) and amend the Russia (Sanctions) (EU Exit) Regulations 2019 (S.I. 2019/855) (the 2019 Regulations). They revoke and replace the Russia (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2024 (S.I. 2024/695) (the 2024 Regulations) Regulation 3 makes amendments to the designation criteria in regulation 6 of the 2019 Regulations to specify additional activities for which a person may be designated. Regulation 4 makes amendments to the ship specification criteria in regulation 57F of the 2019 Regulations to specify additional activities for which a ship may be specified. Regulation 5 revokes the 2024 Regulations for the reason explained above. |
251 | INT/2024/4919848 | 2 August 2024 | Implemented under regulation 64 of the Russia (Sanctions) (EU Exit) (Regulations) 2019 | 2 August 2024 | The General Licence INT/2024/4919848 allows the sale, divestment, and transfer of financial instruments held by the National Settlement Depository (NSD) and the payment of safekeeping fees to NSD. This licence exempts certain actions from prohibitions under the Russia (Sanctions) (EU Exit) Regulations 2019. It defines key terms, outlines permissions for relevant institutions, and mandates record-keeping for six years. The licence is effective from 3 July 2024, to 12 October 2024, and may be altered by HM Treasury. |
252 | 9 August 2024 | Amends the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 | 9 August 2024 | The following 7 entries have been added to the Belarus financial sanctions regime and are now subject to an asset freeze:
OFSI’s consolidated list of asset freeze targets has been updated to reflect these changes. |