New Updates for 14-Sep-2023

2023-09-14

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

  • 29 Aug 2023 (BIS):

    The Akin Summary document has now been posted for this action.

    ​BIS amended the EAR to give itself the option to request that the Assistant Secretary for Export Enforcement renew existing temporary denial orders ("TDOs") for a period of no more than one year, provided certain circumstances apply. The original renewal period for TDOs was no more than 180 days.  

  • 28 Aug 2023 (BIS):

    The Akin Summary document has now been posted for this action.

    ​BIS imposed a temporary denial order (“TDO”) on three individuals and four companies--Arthur Petrov, Zhanna Soldatenkova, Ruslan Almetov, Astrafteros Technokosmos LTD, Ultra Trade Service LLC, Juzhoi Electronic, and LLC Electrocom VPK--for their involvement in a scheme to unlawfully procure U.S.-origin electronic components for use by the Russian military.  

  • 24 Aug 2023 (OFAC):

    The Akin Summary document has now been posted for this action.

    ​On August 24, 2023, Ukrainian Independence Day, the U.S. Department of State imposed blocking sanctions on 11 individuals and two entities pursuant to E.O. 14024. These sanctions target individuals affiliated with or appointed by the Government of the Russian Federation and entities involved in the forcible deportation of Ukrainian children from Russia-occupied areas of Ukraine to Russia, the transfer of Ukrainian children within Russia-occupied areas of Ukraine, and other human rights abuses relating to Ukrainian children. The Department of State also issued visa restrictions under the Immigration and Nationality Act 212(a)(3)(c) on three Russia-installed purported officials for their involvement in human rights abuses of Ukrainian civilian minors.

  • 23 Aug 2023 (UK):

    The Akin Summary document has now been posted for this action.

    ​On August 23, 2023, the Office of Financial Sanctions Implementation ("OFSI") amended Annex 1 to General Licence INT/2023/326355, which clarifies that STLC Europe Nine Leasing Limited is covered by the General Licence due to being a subsidiary of GTLK Europe Designated Activity Company.

  • 23 Aug 2023 (UK):

    The Akin Summary document has now been posted for this action.

    ​On August 23, 2023, the Office of Financial Sanctions Implementation ("OFSI") amended General Licence INT/2022/1875276, which confirms that PJSC Megafon is a designated person operating in the civilian telecommunications and news media service industry.

  • 22 Aug 2023 (UK):

    The Akin Summary document has now been posted for this action.

    ​On August 22, 2023, HM Revenue & Customs ("HMRC") issued a compound penalty of £1 million to an unnamed UK company in relation to the unlicensed trade of goods in breach of The Russia (Sanctions) (EU Exit) Regulations 2019.

  • 22 Aug 2023 (BIS):

    The Akin Summary document has now been posted for this action.

    BIS removed two Russian entities from the Unverified List as a conforming change to the EAR. These entities were added to the Entity List effective June 2, 2022.​

  • 21 Aug 2023 (BIS):

    The Akin Summary document has now been posted for this action.

    ​BIS renewed its Temporary Denial Order (“TDO”) on Russian company Radiotester OOO a/k/a Radiotester LLC, and on Russian individual Ilya Balakaev. 

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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