The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:
- 19 May 2023 (BIS):
BIS added 71 entities to the Entity List, including 69 in Russia, for their alleged support of Russia's military and defense sector. BIS also added 1 entity in Armenia for engaging in conduct that prevented the successful accomplishment of an end-use check, and one entity in Kyrgyzstan for posing a risk of diversion of items subject to the EAR to Russia.
- 19 May 2023 (BIS):
BIS issued a Final Rule that expanded the scope of sanctions against Russia, Belarus, and the temporarily occupied Crimea region of Ukraine, as well as Iran, through the following controls: (i) adding more items subject to the Russian and Belarusian industry sector sanctions to align with U.S. partners and allies; (ii) expanding the scope of items that require a license when destined to Iran, Russia, or Belarus; (iii) expanding the Russia/Belarus Foreign-Direct Product (“FDP”) rule to add the temporarily occupied Crimea region of Ukraine to the scope of the rule; and (iv) refining other export controls already in place on Russia, Belarus, and Iran.
- 19 May 2023 (BIS):
As a follow-up to the first June 28, 2022 joint alert, BIS and the Treasury Department's Financial Crimes Enforcement Network (“FinCEN”) released a supplemental joint alert providing financial institutions information regarding new BIS export control restrictions related to Russia and ongoing U.S. government engagements designed to further prevent Russian access to military technology and goods.
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