The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:
- 01 Mar 2024 (Russia - Countermeasures):
Russia introduced a temporary ban on the export of petroleum.
- 29 Feb 2024 (UK):
The Office of Financial Sanctions Implementation ("OFSI") issued General Licence ("GL") INT/2024/4398024 to allow Persons to make Permitted Payments to the Court Funds Office, which are owed to UK designated persons ("DPs") under The Russia (Sanctions) (EU Exit) Regulations 2019.
- 29 Feb 2024 (UK):
The Office of Financial Sanctions Implementation ("OFSI") amended General Licence ("GL") INT/2022/2300292 in respect of Permitted Payments made by a UK designated person ("DP") or Persons acting on their behalf, to Energy Companies for gas and/or electricity. The GL is applicable to all UK Autonomous Sanctions Regulations listed within Annex I of the GL.
- 26 Feb 2024 (New Zealand):
Content provided in collaboration with Chapman Tripp.
The Russia Sanctions Amendment Regulations 2024 were issued. Part 1 of these regulations came into force on March 1, 2024, and Part 2 of these regulations comes into force on April 14, 2024.
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