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Other Sanctions Regimes

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The Japanese government introduced further sanctions against Russia and Belarus on 7 June 2022. These include: Designations of two Russian and one Belarussian bank The Japanese government designated 2 additional Russian banks (Credit Bank of Moscow and Russian Agricultural Bank (Rosselkhozbank)) and one Belarussian (Belinvestbank (Belarusian Bank for Development and Reconstruction). These banks are subject to the following sanctions: Restrictions on payments – A license is required to make a payment to the designated banks. Restrictions…

The Japanese government introduced further sanctions against Russia on 12 April 2022. These include: Designations of additional Russian individuals and entities The Japanese government designated an additional 398 individuals and 28 entities related to the Russian Federation and subjected them to the following sanctions: Restrictions on payments – A license is required to make a payment to the designated persons or entities. Restrictions on capital transactions – A license is required on capital transactions, including deposits,…

On March 29, 2022, the Japanese government announced which items will be subject to the ban on exports of luxury goods to Russia. The export ban applies to the following items (we have included the HS codes): alcoholic beverage: 22.03, 22.04(except for 2204.22 and 2204.30), 22.05, 22.06, 2207.10, 22.08 (limited to the products with value exceeding JPY 40,000);tobacco products: 24.02 (except for 2402.20) (limited to the products with value exceeding JPY 40,000) ;perfume, cosmetics: 33.03,…

On 25 March 2022, the Japanese government imposed further sanctions on the Russian Federation. The Japanese government designated an additional 25 individuals related to the Russian Federation, who are subject to the following sanctions: Restriction on payment: A license is required in order to make payment to the designated persons.Restrictions on capital transactions: A license is required on capital transactions including deposit contracts, trust contracts, money loan contracts, etc. with the designated persons. The Japanese…