New Updates for 29-Jun-2023

2023-06-29

Reading Time : 1 min

The OverRuled: BIS Export Controls Module has been updated with the following actions:

  • 27 Jun 2023 - Nordwind Airlines - Denial Order; No monetary penalty

    On June 27, 2023, BIS modified the June 15, 2023 renewal (see E2872) of the December 22, 2022 Temporary Denial Order (TDO) against Nordwind Airlines in which Pegas Touristik a/k/a Pegas Touristik OOO was added ("Respondents"). Specifically, Pegas Touristik OOO was removed from the June 15 renewal to allow for additional administrative process under Part 766 of the Regulations. The TDO remains in full force and effect for Nordwind Airlines.

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

  • 28 Jun 2023 (BIS):

    ​The Five Eyes partners—Australia, Canada, New Zealand, the United Kingdom, and the United States—committed to formalize their cooperation on export control enforcement. 

  • 27 Jun 2023 (BIS):

    BIS modified its June 15, 2023 renewed Temporary Denial Order (“TDO”) on Russian entity Nordwind Airlines to remove Pegas Touristik as a related person on the TDO. ​

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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