The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:
- 12 Apr 2024 (Canada):
Content provided in collaboration with McCarthy Tétrault.
Canada imposes sanctions on 21 individuals under the Special Economic Measures (Belarus) Regulations in response to the ongoing gross and systematic violations of human rights occurring in Belarus.
- 09 Apr 2024 (Australia):
Content provided in collaboration with Moulis Legal.
The Autonomous Sanctions Act 2011 is amended to review-proof previous designations.
- 09 Apr 2024 (Australia):
Content provided in collaboration with Moulis Legal.
Tigers Realm Coal Limited v Commonwealth of Australia [2024] FCA 340 embraces broad interpretation of sanctioned export prohibitions.
- 02 Apr 2024 (Australia):
Content provided in collaboration with Moulis Legal.
Australia expands asset freezing rules to cover additional individuals and entities connected to the operation of railway and transport routes between Crimea and Russia.
- 02 Apr 2024 (UK):
The Akin Summary document has now been posted for this action.
The Office of Financial Sanction Implementation (OFSI) published new guidance on staying compliant with financial sanctions in the maritime sector and provided tips for the relevant stakeholders. OFSI emphasized that for maritime businesses, including shipping companies, port operators, insurers, and financial institutions, adhering to financial sanctions regulations requires a proactive and comprehensive approach given the complexity of the sector.
- 02 Apr 2024 (OFAC):
The Akin Summary document has now been posted for this action.
OFAC removed from the SDN List “VTB Bank Europe SE (F.K.A. Ost-West Handelsbank AG; F.K.A. VTB Bank Deutschland AG”.
- 02 Apr 2024 (BIS):
The Akin Summary document has now been posted for this action.
BIS renewed its Temporary Denial Order (TDO) on Russian airline Aviastar-TU ("Aviastar") for a period of one year.
- 02 Apr 2024 (EU):
The Akin Summary document has now been posted for this action.
The European Commission published updated FAQs on Article 5n of Council Regulation (EU) 833/2014 regarding the Provision of Services. The update makes changes to the Commission’s guidance in relation to 15 questions and adds 4 new questions, which cover among other topics: authorisation from national competent authorities, IT services, ancillary services, intra-group services and treatment of EU nationals.
- 28 Mar 2024 (BIS):
The Akin Summary document has now been posted for this action.
The Department of Justice (“DOJ”) announced that Oleg Chistyakov, also known as Olegs Čitsjakovs, a Latvian citizen, was charged with crimes related to a years-long conspiracy to sell sophisticated avionics equipment to Russian end users, in violation of U.S. export laws.
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