The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:
- 14 Jun 2023 (UK):
The Akin Summary document has now been posted for this action.
On June 14, 2023, OFSI updated its Oil Price Cap guidance in relation to derivatives and futures trading, wind-down periods, and 'as soon as practicable' meaning, and has adjusted General Licence INT/2023/3074680 and its associated publication notice accordingly.
- 14 Jun 2023 (UK):
The Akin Summary document has now been posted for this action.
On June 14, 2023, OFSI revoked General Licence INT/2022/2305324.
- 13 Jun 2023 (Russia - Countermeasures):
The Russian Government prohibits the Russian Federal Air Transport Agency of suspending airlines' certifications due to financial distress until the end of 2023.
- 09 Jun 2023 (BIS):
The Akin Summary document has now been posted for this action.
On June 9, 2023, the Departments of State, Commerce, Justice, and Treasury issued an advisory describing the threat posed by Russia's use of Iranian unmanned aerial vehicles (UAVs) in Ukraine, and the U.S. export and sanctions restrictions targeting Iran’s procurement, development, and proliferation of UAVs.
- 09 Jun 2023 (EU):
The Akin Summary document has now been posted for this action.
On June 9, 2023, the EU settled on its general approach to a new, proposed directive that looks to introduce criminal offences and penalties for the violation of EU sanctions.
- 08 Jun 2023 (BIS):
The Akin Summary document has now been posted for this action.
BIS renewed its Temporary Denial Order (“TDO”) on Boris Livshits, Svetlana Skvortsova, Aleksey Ippolitov, Advanced Web Services, and Strandway, LLC. In parallel, BIS added Nikolaos Bogonikolos and the Aratos Group to the TDO.
- 07 Jun 2023 (BIS):
The Akin Summary document has now been posted for this action.
BIS renewed its Temporary Denial Order ("TDO") on Belarusian airline Belavia Belarusian Airlines.
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