New Updates for 09-Aug-2023

2023-08-09

Reading Time : 1 min

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

  • 08 Aug 2023 (UK):

    ​On August 8, 2023, the UK designated 10 individuals and 9 entities under its Russia sanctions regime and 6 entities under its Belarus sanctions regime for contributing to Russia's defense sector and financial sector. This includes individuals and entities in Turkey, Dubai, Slovakia, and Switzerland who are supporting Russia's military, as well as Iranian and Belarusian support.

  • 08 Aug 2023 (Russia - Countermeasures):

    ​New Russian Presidential decree suspends certain provisions of Russia's double taxation treaties with "unfriendly states."

  • 08 Aug 2023 (Russia - Countermeasures):

    ​Settlements for agricultural exports from Russia will switch to Roubles.

  • 22 Jul 2023 (Australia):

    ​Content provided in collaboration with Moulis Legal.

    Oleg Tinkov, the founder of Tinkoff Bank, food producer Daria, and luxury hotel chain La Datcha, is no longer subject to Australian sanctions.

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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