The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:
- 22 May 2026 (EU):
The European Commission (the "Commission") added one Russia sanctions FAQ (FAQ 2) in relation to 'Targeted Vessels' subject to the prohibition under Article 3s of Council Regulation (EU) No. 833/2014 (“Regulation 833"). FAQ 2 seeks to provide clarification on whether the EU sanctions regime prevents a ship recycler from accepting and recycling a designated vessel.
- 22 May 2026 (EU):
The European Commission (the "Commission") removed and added new FAQs to further clarify the notification, due diligence, and authorization requirements for tanker sales, pursuant to Article 3q of Council Regulation (EU) No. 833/2014 ("Regulation 833").
- 22 May 2026 (Switzerland):
Switzerland adopted new listings in respect of asset freeze sanctions, digital currencies (A7A5, RUBx, and Digital Rouble), stricter export control measures against specified entities, the shadow fleet (46 listings and 11 delistings), port restrictions (Murmansk, Tuapse and the oil terminal of the Karimun port), as well as transaction bans on Russian banks.
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