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Sanctions Regimes

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On August 2, 2022, Canada announced additional amendments to its sanctions measures imposed against Russia. These amendments have designated an additional forty-three individuals under Schedule 1, which include some individuals identified by the Government of Canada “as military officials involved in the Bucha massacre”. As well, Canada designated an additional seventeen defence sector entities considered by the Government of Canada to be directly or indirectly supporting the Russian military. Please note that these amendments came…

On 3 August 2022, the Swiss Federal Council decided on the partial implementation of the substantive amendments to the EU sanctions (i.e. the seventh sanctions package), revising the Ordinance on Measures connected with the Situation in Ukraine (the “Ordinance“) accordingly. The amended Ordinance entered into force on 3 August 2022 at 18:00 CET. In summary, these latest amendments include: A new prohibition to purchase as well as to import, transfer or transport, directly or indirectly,…

On 29 July 2022, the Swiss Department of Economic Affairs, Education and Research amended multiple annexes of designated individuals and entities and goods targeted by the restrictive measures under the Russia sanctions. With this latest revision of the Ordinance on Measures connected with the Situation in Ukraine (the “Ordinance”), Switzerland has again aligned its position with the EU in terms of designated parties and listed goods. The amended annexes entered into force on 29 July…

The UK has recently adopted the following pieces of legislation which introduce new restrictions against (mainly) Russia and Belarus. Russia (Sanctions) (EU Exit) (Amendment) (No. 11) Regulations 2022Russia (Sanctions) (EU Exit) (Amendment) (No. 12) Regulations 2022Russia (Sanctions) (EU Exit) (Amendment) (No. 13) Regulations 2022Russia (Sanctions) (EU Exit) (Amendment) (No. 14) Regulations 2022The Customs (Additional Duty) (Russia and Belarus) (Amendment) (No. 2) Regulations 2022 The UK has also updated its Russia Guidance to reflect the changes…