New Updates for 18-Sep-2023

2023-09-18

Reading Time : 1 min

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

  • 14 Sep 2023 (UK):

    ​The Office of Financial Sanctions Implementation ("OFSI") amended the General Licence on projects and countries exempted from the Oil Price Cap to extend the expiration date in respect of the Sakhalin-2 Project to June 28, 2024. 

  • 14 Sep 2023 (EU):

    ​The EU removed 4 individuals and amended the entries for 140 individuals and 41 entities listed under EU asset freeze sanctions against Russia.

  • 12 Sep 2023 (EU):

    ​The EU Commission updated its FAQs by amending FAQ 13 in respect of the prohibition against Russian nationals temporarily importing into personal goods and vehicles listed in Annex XXI, and subject to the prohibition in Article 3i of Council Regulation 833/2014, into the Union.

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

  • 08 Sep 2023 (BIS):

    ​The Treasury Department's Financial Crimes Enforcement Network (FinCEN) issued a Financial Trend Analysis (FTA) that indicates suspected evasion by U.S. and non-U.S. parties (including those in China and Hong Kong) of U.S. export control restrictions on Russia.

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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