The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:
- 23 Jan 2024 (Australia):
Content provided in collaboration with Moulis Legal.
Aleksandr Gennadievich Ermakov, who was involved in a significant Australian cyber incident, is now subject to a targeted financial sanction and travel ban.
- 23 Jan 2024 (BIS):
The Bureau of Industry and Security (“BIS”) issued a final rule (effective January 23, 2024) amending the Export Administration Regulations ("EAR") to strengthen existing export control restrictions against Russia and Belarus in response to Russia’s ongoing invasion against Ukraine and Belarus’s complicity in the invasion. According to the press release, BIS took these actions to improve effectiveness of existing controls and to better align them with those implemented by U.S. allies.
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