New Updates for 16-Oct-2025

2025-10-16

Reading Time : 2 min

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

  • 15 Oct 2025 (UK):

    The Office of Financial Sanctions Implementation ("OFSI"), together with the Foreign, Commonwealth and Development Office ("FCDO"), designated five individuals, 34 entities, and specified 51 vessels, pursuant to the Russia (Sanctions) (EU Exit) Regulations 2019 (the "Russia Regulations").

  • 15 Oct 2025 (UK):

    The Office of Financial Sanctions Implementation ("OFSI") issued General Licence INT/2025/7539056 ("GL INT/2025/7539056" or "GL"), which allows for the wind down from any transactions involving the designated persons ("DPs") to which that "Person" is a party, pursuant to the Russia (Sanctions) (EU Exit) Regulations 2019 (the "Russia Regulations").

  • 15 Oct 2025 (UK):

    The Office of Financial Sanctions Implementation ("OFSI") issued General Licence INT/2025/7538856 ("GL INT/2025/7538856" or "GL"), which allows for a "Person" to wind down from any transactions involving a DP to which that Person is a party, pursuant to the Russia (Sanctions) (EU Exit) Regulations 2019 (the "Russia Regulations").

  • 15 Oct 2025 (UK):

    ​The Office of Financial Sanctions Implementation ("OFSI") amended General Licence INT/2025/5886860 ("GL INT/2025/5886860" or "GL"), pursuant to the Russia (Sanctions) (EU Exit) Regulations 2019 (the "Russia Regulations"). The GL allows UK Nationals (as defined in the GL) to purchase petrol from the DPs (as specified in the GL) or a Subsidiary (as defined in the GL) in Kyrgyzstan and Tajikistan, provided that the petrol is for the UK National's Personal Vehicle (as defined in the GL).

  • 15 Oct 2025 (UK):

    The Office of Financial Sanctions Implementation ("OFSI") amended General Licence INT/2025/5635700 ("GL INT/2025/5635700" or "GL"), pursuant to the Russia (Sanctions) (EU Exit) Regulations 2019 (the "Russia Regulations"). The GL allows for the continuation of business operations with the "Relevant Subsidiary" (as defined by the GL) to the extent they are in relation to "Exempt Projects" (as defined by the GL).

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