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Sanctions Profile: Ukraine
At a glance
EU sanctions relating to Ukraine were first introduced in 2014, following Russia’s annexation of Crimea. The EU divides its sanctions imposed in relation to the Ukraine crisis into four separate regimes, three of which target Russia and its supporters and one of which chiefly targets ex-Ukrainian government officials, imposing asset freezes on people deemed responsible for the misappropriation of Ukrainian state funds or human rights violations (Council Regulation (EU) 208/2014 & Council Decision 2014/119/CFSP).
News
OFAC extends general licences relating to Russian company GAZ Group
OFAC has extended two general licences related to the sanctioned Russian company GAZ Group until 31 March 2020. General Licence 13M and General Licence 15G provide exemptions for all otherwise prohibited transactions and activities that are ordinarily incident and necessary to divest or transfer debt, equity, or other holdings in GAZ Group to non-US persons or to maintain or wind-down …
Russia
Ukraine
Ukraine and other countries align with EU’s extension of its Ukraine territorial integrity sanctions
Ukraine, Montenegro, Albania, and Norway have aligned their sanctions regimes with the EU’s decision on 12 September 2019 to extend its Ukraine territorial integrity sanctions until 15 March 2020 and amend the information for certain listed individuals and entities. The EU’s press release is here.
ExxonMobil arguments in Rosneft US case
ExxonMobil has filed a memo in the Northern District of Texas District Court as part of its challenge to a $2m penalty imposed in 2017 for dealing with Igor Sechin, the designated CEO of Rosneft, who signed an agreement between Exxon and Rosneft. See post and post for case history. Case 3:17-cv-01930-B. ExxonMobil argues that the US Treasury’s interpretation of …
2 more Ukraine misappropriation listings annulled
The EU General Court has annulled the 2018 designations of Oleksandr Viktorovych Yanukovych (T-301/18, 24 September 2019) and Oleksandr Viktorovych Klymenko (C-11/18, 26 September 2019). The court followed the ECJ’s judgment in Azarov v Council (C-530/17, 19 December 2018, see post), where “it was in no way apparent from the statement of reasons for those [contested] acts that the Council …
Another Azarov judgment from EU court on proper approach to Ukraine misappropriation sanctions
The General Court has annulled the 2018 acts listing the former Ukrainian Prime Minister Mykola Yanovych Azarov on the EU’s Ukraine misappropriation sanctions. Case T-286/18 (11 September 2019). Mr Azarov’s 2015 listing was annulled by EU Court of Justice (C-530/17, see post), but not his 2016 (T-190/16, see post) or 2017 (T-215/15, see post) re-listings. The Court found that the …
Current Sanctions
Consolidated
Council Regulation (EU) 208/2014
Parent Regulation
Council Regulation (EU) 208/2014
Amended by:
Council Implementing Regulation (EU) 381/2014
Council Regulation (EU) 2015/138
Council Implementing Regulation (EU) 2015/357
Council Implementing Regulation (EU) 2015/869
Council Implementing Regulation (EU) 2015/1777
Council Implementing Regulation (EU) 2016/311
Council Implementing Regulation (EU) 2017/374
Council Implementing Regulation (EU) 2018/326
Council Implementing Regulation (EU) 2019/352
Council Implementing Regulation (EU) 2019/1403
Consolidated
Council Decision 2014/119/CFSP
Parent Decision
Council Decision 2014/119/CFSP
Amended by: