The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:
- 28 May 2024 (UK):
The Office of Financial Sanctions Implementation ("OFSI") implemented General Licence INT/2024/4761108 ("GL"), permitting an individual, who is not designated under The Russia (Sanctions) (EU Exit) Regulations 2019 ("UK Russia Sanctions"), to make use of the retail banking services of a credit or financial Institution that is designated under UK Russia Sanctions, provided that the payments made or received are intended for the personal use of that individual under certain conditions.
- 24 May 2024 (UK):
The Office of Financial Sanctions Implementation ("OFSI") updated its Maritime Service Ban and Oil Price Cap Guidance ("Guidance") to include General Licence INT/2024/4423849 ("GL"), and to further clarify the exceptions to the oil price cap under The Russia (Sanctions) (EU Exit) Regulations 2019 ("Russia Regulations").
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