The EU has today adopted its 10th package of sanctions against Russia. Please see here for relevant Regulations and Council decisions. The new package includes the following measures:
The UK has announced a new package of sanctions against Russia. This will include the following sanctions: The UK has also today designated an additional 92 entities and individuals. See here for OFSI notice. Designated entities/individuals include:
In December 2022, the United Nations Security Council (the ‘UNSC’) adopted a resolution which introduced a standardised humanitarian exemption across UN regimes according to which activities necessary for humanitarian assistance and other activities that support basic human needs are exempt from sanctions in the form of asset freezes imposed by the Security Council or by its Sanctions Committees. All UN sanctions regimes except the Afghanistan regulations will now include a standardised humanitarian exception to the…
On February 9, 2023, the United States and the United Kingdom designated seven Russian individuals that have been associated with the development or deployment of a range of ransomware strains which have targeted the UK and the US. This is the first time that the UK has made designations under its Cyber (Sanctions) (EU Exit) Regulations 2020. The US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) issued this press release in tandem…