The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:
- 06 Oct 2023 (UK):
The Office of Financial Sanctions Implementation ("OFSI") issued General Licence INT/2023/3626884 under all UK Autonomous Sanctions Regulations (see Annex 1 of the General Licence for the list of relevant Regulations), which allows for UK Designated Persons ("DPs") to make Permitted Payments to Companies House and for Persons acting on behalf of UK DPs to make Permitted Payments to Companies House.
- 06 Oct 2023 (Russia - Countermeasures):
The minimum amount of "exit tax" payable in connection with divestments from Russia is increased from 10% to 15%.
- 05 Oct 2023 (Russia - Countermeasures):
PJSC Transneft is permitted to export gasoline and diesel fuel from Russia, despite the previously established ban.
- 29 Sep 2023 (UK):
The UK updated its Russia sanctions statutory guidance to include a licensing ground regarding divestment from Russia in respect of: (i) the transfer of oil refining goods and technology; (ii) brokering and financial services relating to oil refining goods and technology; (iii) energy-related goods; (iv) luxury goods; (v) jet fuel and fuel additives; (vi) making available or transferring G7 dependency and goods; (vii) brokering and financial services related to G7 dependency and goods; (viii) vulnerable goods; and (ix) the provision of technical assistance, brokering or financial services or funds as per Regulations 25, 26, 27 – 29, 40 – 42, 43 – 45, 46B, 46N, 46O – 46Q, 46Y, 46Z - 46Z2, 46Z30 and 45Z31 to 46Z33.
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