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Sanctions Profile: Russia
At a glance
EU sanctions on Russia were introduced in 2014 in response to Russia’s involvement in the Ukraine crisis, during which Russia annexed the Crimea region of Ukraine. They were introduced in three phases, each one intending to increase the pressure on Russia until it fully implemented the terms of the Minsk peace agreements.
In 2022, further sectoral and targeted sanctions against Russia were adopted in response to Russia’s aggression against Ukraine, including the recognition of the so-called People’s Republics of Donetsk (DNR) and Luhansk (LNR) and the following invasion of Ukraine.
For the EU’s overview, see page here and Infographic here.
The UK adopted The Russia (Sanctions) (EU Exit) Regulations 2019 in January 2021 (at the end of the Brexit transition period) to encourage Russia to cease actions which destabilise Ukraine, including actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine. In February and March 2022, the UK adopted numerous amendments to the Regulations in response to Russia’s aggression against Ukraine. The legislative instruments are listed on this page.
News
UK clarifies scope of Russia insurance ban in respect of satellites
OFSI has further amended its guidance on regulation 29A of the Russia (Sanctions) (EU Exit) Regulations 2019, which prohibits the provision of insurance and reinsurance services relating to aviation and space goods and technology, 1) to a person/entity connected with Russia; or 2) for use in Russia. See post for a previous amendment to the guidance. OFSI has clarified that …
Russia
Switzerland adopts 6th package of EU sanctions
Switzerland has adopted additional components of the EU’s 6th package of Russia sanctions, having adopted some of the measures on 10 June 2022 (see previous post). Amendments & Press Release. The EU adopted its 6th package of Russia sanctions on 3 June 2022 (previous post). Subject to applicable transition periods and exceptions, the adopted measures include bans on: The purchase, …
Canada imposes Russia, Belarus & Ukraine sanctions
On 27 June 2022, Canadian Prime Minister Justin Trudeau announced further sanctions under its Russia, Belarus and Ukraine sanctions regimes. Amending Regulations, Regulations & Regulations. The measures include: A ban on the export to Russia of certain advanced technologies that could improve Russia’s domestic defence manufacturing capability, including quantum computers and advanced manufacturing equipment. A ban on the export to …
Belarus
Ukraine
OFSI authorises wind down of transactions with Rosbank
OFSI has issued General Licence (GL) INT/2022/1968500, “Wind Down of Positions Involving Rosbank” (Notice), which authorises until 30 July 2022 a person or entity (other than Rosbank or a subsidiary) to wind down any transactions to which it is a party involving Rosbank or a subsidiary, including the closing out of any positions, repayment of loans, withdrawal of deposits and …
Treasury Committee requests information on sanctions from FCA & HMRC
As part of its ‘Russia: effective economic sanctions’ inquiry, the House of Commons Treasury Committee has requested information from the Financial Conduct Authority (FCA) and HM Revenue & Customs (HMRC). Request & Request. Responses are expected by Monday 4 July. Correspondence related to the inquiry is available here. The Committee’s questions to the FCA concern, amongst other things: general awareness …
Current Sanctions
Consolidated - Sectoral Sanctions
Council Regulation (EU) 833/2014
Parent Regulation - Sectoral Sanctions
Council Regulation (EU) 833/2014
Amended by:
Council Regulation (EU) 960/2014
Council Regulation (EU) 1290/2014
Council Regulation (EU) 2015/1797
Council Regulation (EU) 2017/2212
Council Regulation (EU) 2022/262
Council Regulation (EU) 2022/328
Council Regulation (EU) 2022/334
Council Regulation (EU) 2022/345
Council Regulation (EU) 2022/350
Council Regulation (EU) 2022/428
Council Regulation (EU) 2022/576
Council Regulation (EU) 2022/879
Consolidated - Sectoral Sanctions
Council Decision 2014/512/CFSP
Parent Decision - Sectoral Sanctions
Council Decision 2014/512/CFSP
Amended by:
Council Decision 2014/659/CFSP
Council Decision 2014/872/CFSP
Council Decision (CFSP) 2015/971
Council Decision (CFSP) 2015/1764
Council Decision (CFSP) 2015/2431
Council Decision (CFSP) 2016/1071
Council Decision (CFSP) 2016/2315
Council Decision (CFSP) 2017/1148
Council Decision (CFSP) 2017/2214
Council Decision (CFSP) 2017/2426
Council Decision (CFSP) 2018/964
Council Decision (CFSP) 2018/2078
Council Decision (CFSP) 2019/1108
Council Decision (CFSP) 2020/907
Council Decision (CFSP) 2020/2143
Council Decision (CFSP) 2021/448
Council Decision (CFSP) 2021/1144
Council Decision (CFSP) 2022/52
Council Decision (CFSP) 2022/264
Council Decision (CFSP) 2022/327
Council Decision (CFSP) 2022/335
Council Decision (CFSP) 2022/346
Council Decision (CFSP) 2022/351
Council Decision (CFSP) 2022/430
Council Decision (CFSP) 2022/578
Council Decision (CFSP) 2022/884
Consolidated - Ukraine Territorial Integrity
Council Regulation (EU) 269/2014
Parent Regulation - Ukraine Territorial Integrity
Council Regulation (EU) 269/2014
Amended by:
Council Implementing Regulation (EU) 284/2014
Council Implementing Regulation (EU) 433/2014
Council Regulation (EU) 476/2014
Council Implementing Regulation (EU) 477/2014
Council Implementing Regulation (EU) 577/2014
Council Implementing Regulation (EU) 753/2014
Council Regulation (EU) 783/2014
Council Implementing Regulation (EU) 810/2014
Council Regulation (EU) 811/2014
Council Implementing Regulation (EU) 826/2014
Council Regulation (EU) 959/2014
Council Implementing Regulation (EU) 961/2014
Council Implementing Regulation (EU) 1225/2014
Council Implementing Regulation (EU) 1270/2014
Council Implementing Regulation (EU) 2015/240
Council Implementing Regulation (EU) 2015/427
Council Implementing Regulation (EU) 2015/1514
Council Implementing Regulation (EU) 2016/353
Council Implementing Regulation (EU) 2016/1661
Council Implementing Regulation (EU) 2016/1955
Council Implementing Regulation (EU) 2017/437
Council Implementing Regulation (EU) 2017/1374
Council Implementing Regulation (EU) 2017/1417
Council Regulation (EU) 2017/1547
Council Implementing Regulation (EU) 2017/1549
Council Implementing Regulation (EU) 2017/2153
Council Implementing Regulation (EU) 2018/388
Council Implementing Regulation (EU) 2018/705
Council Implementing Regulation (EU) 2018/1072
Council Implementing Regulation (EU) 2018/1230
Council Implementing Regulation (EU) 2018/1929
Council Implementing Regulation (EU) 2019/92
Council Implementing Regulation (EU) 2019/352
Council Implementing Regulation (EU) 2019/1403
Council Implementing Regulation (EU) 2020/119
Council Implementing Regulation (EU) 2020/1267
Council Implementing Regulation (EU) 2020/1367
Council Implementing Regulation (EU) 2021/446
Council Implementing Regulation (EU) 2021/1791
Council Implementing Regulation (EU) 2021/2193
Council Implementing Regulation (EU) 2022/236
Council Implementing Regulation (EU) 2022/260
Council Regulation (EU) 2022/259
Council Implementing Regulation (EU) 2022/261
Council Regulation (EU) 2022/330
Council Implementing Regulation (EU) 2022/332
Council Implementing Regulation (EU) 2022/336
Council Implementing Regulation (EU) 2022/353
Council Implementing Regulation (EU) 2022/396
Council Implementing Regulation (EU) 2022/408
Council Implementing Regulation (EU) 2022/427
Council Regulation (EU) 2022/580
Council Implementing Regulation (EU) 2022/581
Council Regulation (EU) 2022/625
Council Implementing Regulation (EU) 2022/658
Council Implementing Regulation (EU) 2022/878
Council Regulation (EU) 2022/880
Consolidated - Ukraine Territorial Integrity
Council Decision 2014/145/CFSP
Parent Decison - Ukraine Territorial Integrity
Council Decision 2014/145/CFSP
Amended by:
Council Implementing Decision 2014/151/CFSP
Council Implementing Decision 2014/238/CFSP
Council Decision 2014/265/CFSP
Council Decision 2014/308/CFSP
Council Decision 2014/455/CFSP
Council Decision 2014/475/CFSP
Council Decision 2014/499/CFSP
Council Decision 2014/508/CFSP
Council Decision 2014/658/CFSP
Council Decision 2014/801/CFSP
Council Decision 2014/855/CFSP
Council Decision (CFSP) 2015/241
Council Decision (CFSP) 2015/432
Council Decision (CFSP) 2015/1524
Council Decision (CFSP) 2016/359
Council Decision (CFSP) 2016/1671
Council Decision (CFSP) 2016/1961
Council Decision (CFSP) 2017/445
Council Decision (CFSP) 2017/1386
Council Decision (CFSP) 2017/1418
Council Decision (CFSP) 2017/1561
Council Decision (CFSP) 2017/2163
Council Decision (CFSP) 2018/392
Council Decision (CFSP) 2018/706
Council Decision (CFSP) 2018/1085
Council Decision (CFSP) 2018/1237
Council Decision (CFSP) 2018/1930
Council Decision (CFSP) 2019/95
Council Decision (CFSP) 2019/354
Council Decision (CFSP) 2019/1405
Council Decision (CFSP) 2020/120
Council Decision (CFSP) 2020/1269
Council Decision (CFSP) 2020/1368
Council Decision (CFSP) 2021/1470
Council Decision (CFSP) 2021/1792
Council Decision (CFSP) 2021/2196
Council Decision (CFSP) 2022/241
Council Decision (CFSP) 2022/265
Council Decision (CFSP) 2022/267
Council Decision (CFSP) 2022/329
Council Decision (CFSP) 2022/331
Council Decision (CFSP) 2022/337
Council Decision (CFSP) 2022/354
Council Decision (CFSP) 2022/397
Council Decision (CFSP) 2022/411
Council Decision (CFSP) 2022/429
Council Decision (CFSP) 2022/582
Council Decision (CFSP) 2022/627
Council Decision (CFSP) 2022/660
Council Decision (CFSP) 2022/883
Council Decision (CFSP) 2022/885
Consolidated - Crimea & Sevastopol
Council Regulation (EU) 692/2014
Parent Regulation - Crimea & Sevastopol
Council Regulation (EU) 692/2014
Amended by:
Council Regulation (EU) 825/2014
Council Regulation (EU) 1351/2014
Consolidated - Crimea & Sevastopol
Council Decision 2014/386/CFSP
Parent Decision - Crimea & Sevastopol
Council Decision 2014/386/CFSP
Amended by:
Council Decision 2014/507/CFSP
Council Decision 2014/933/CFSP
Council Decision (CFSP) 2015/959
Council Decision (CFSP) 2016/982
Council Decision (CFSP) 2017/1087
Council Decision (CFSP) 2018/880
Council Decision (CFSP) 2019/1018
Council Decision (CFSP) 2020/850
Council Decision (CFSP) 2021/1010
Council Decision (CFSP) 2022/962
Consolidated - Donetsk & Luhansk
Council Regulation (EU) 2022/263
Parent Regulation - Donetsk & Luhansk
Council Regulation (EU) 2022/263
Amended by:
Council Regulation (EU) 2022/626
Consolidated - Donetsk & Luhansk
Council Decision (CFSP) 2022/266
Parent Decision - Donetsk & Luhansk
Council Decision (CFSP) 2022/266
Amended by: