The Japanese government introduced further sanctions against Russia on 27 January 2023. These include: Designations of additional Russian individuals and entities The Japanese government designated an additional 22 individuals and 3 entities related to the Russian Federation and 14 individuals who were judged to be directly related with the “annexation” of the Autonomous Republic of Crimea and Sevastopol or the destabilization of the eastern part of Ukraine or who are connected with the eastern and…
On January 17, 2023, the US Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) amended (i) certain Russia-related General Licenses (“GLs”) and (ii) four Russia-related Frequently Asked Questions (“FAQs”). Amended General Licenses Amended GLs include the following: GL 6C, “Transactions Related to Agricultural Commodities, Medicine, Medical Devices, Replacement Parts and Components, or Software Updates, the Coronavirus Disease 2019 (COVID-19) Pandemic, or Clinical Trials,” replaces and supersedes GL 6B (see previous blog post here)…
Effective as of 10 and 17 January 2023, Ukraine introduced two sets of personal sanctions targeting 317 individuals, mainly Russian public and media personalities (TV presenters, journalists, artists, singers, bloggers, writers, political scientists, etc.)[1] supporting and justifying the Russian armed aggression against Ukraine. The Decisions impose extensive sanctions, including asset freeze; prohibition on the transfer of technologies and on the rights to objects of intellectual property rights; ban on trade operations; suspension of the performance…
Just before the holidays, President Biden signed two bills passed in the final days of the last Congress that contain a number of provisions with implications for sanctions, export controls, and supply chain restrictions: On December 23, 2022, President Biden signed into law the National Defense Authorization Act (“NDAA”) for Fiscal Year 2023 (P.L. 117-263). The measure includes a number of provisions relating to US export controls, sanctions, and related subjects, including additional sanctions targeting…