New Updates for 30-Apr-2024

2024-04-30

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The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:

  • 29 Apr 2024 (OFAC):

    ​OFAC issued amended General License ("GL") 8I, which authorizes certain transactions related to energy that involve one or more blocked persons that are specifically listed in the GL, extending the authorization until 12:01 a.m. Eastern Daylight Time on November 1, 2024.

  • 25 Apr 2024 (UK):

    ​HM Revenue and Customs (HMRC) announced that it had issued a compound settlement of over £1 million to a UK exporter in March 2024. The settlement of £1,058,781.79 relates to the export of goods in breach of The Russia (Sanctions) (EU Exit) Regulations 2019.

Please send an email to subscriptions@overruled.com , if you would like information on how to subscribe to access additional detail about these and other sanctions- and export controls-related actions. If you are already a paid subscriber, please login to OverRuled for access to exclusive content, analysis, and historic search functionality.

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