New Updates for 21-Mar-2023

2023-03-21

Reading Time : 2 min

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

  • 21 Mar 2023 (Russia - Countermeasures):

    The ​Russian Central Bank changes the rules of acquiring “friendly” securities recorded with an “unfriendly” depository by non-qualified Russian investors.

  • 20 Mar 2023 (Russia - Countermeasures):

    The ​Russian Central Bank establishes the order of return back to Russia of Russian securities that are recorded on client accounts outside of Russia.

  • 20 Mar 2023 (Russia - Countermeasures):

    The ​Russian Government extends the term of the ban on the export from Russia of waste and scrap of precious metals or metals clad with precious metals.

  • 18 Mar 2023 (Ukraine):

    ​Content provided in collaboration with Sayenko Kharenko.

    Under the Decree of the President of Ukraine “On Decision of the National Security and Defence Council of Ukraine of 18 March 2023 “On Amending Personal Special Economic Sanctions and Other Restrictive Measures (Sanctions)” No. 163/2023, dated 18 March 2023, different sanctions were applied to 300 individuals incl. Asad Bashar and 141 legal entities somehow related to Russian military-industrial system and production of Shakhed.

  • 17 Mar 2023 (Russia - Countermeasures):

    ​The Russian Central Bank amends the regulations on C-type accounts.

  • 16 Mar 2023 (Canada):

    ​Content provided in collaboration with​ McCarthy Tétrault​.​

    The alert discusses the key lessons learned over the one year of war in Ukraine.

  • 16 Mar 2023 (Russia - Countermeasures):

    ​The Russian Ministry of Finance publishes a new form of application to be submitted to the Russian Government Commission for the approval of transactions.

Please send an email to overruledhelp@akingump.com if you would like to subscribe to access additional detail about these and other Russia-related actions. If you are already a paid subscriber, please login to the OverRuled: Russia Trade Controls Resource Center for access to exclusive content, analysis, and historic search functionality.

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