Effective as of 18 April 2023, Ukraine introduced two new sets of personal sanctions against 438 individuals and 254 legal entities, mainly targeting the Russian IT and sports industries.[1] According to President of Ukraine Volodymyr Zelenskyy, the new sanctions package targets, inter alia, Russian IT companies sponsoring terror or providing digital opportunities to continue the Russian aggression against Ukraine.[2] The Decisions impose extensive sanctions, including asset freeze; ban on trade operations; ban on transit of…
Effective as of 04 April 2023, Ukraine introduced two new sets of personal sanctions against 273 individuals and 380 legal entities, mainly targeting Russian public officials and the Russian military industry.[1] The Decisions impose extensive sanctions, including asset freeze; ban on trade operations; ban on transit of resources, flights and transportation within the territory of Ukraine; suspension of the performance of economic and financial obligations; restriction on the exit of capital from Ukraine; prohibition on…
Effective as of 14 February 2023, Ukraine introduced sanctions against 200 individuals, mainly Russian politicians, officials, managers and employees of state-owned nuclear enterprises.[1] This became the second sanctions package against the Russian nuclear sector in response to the ongoing occupation of the Zaporizhzhia Nuclear Power Plant by Russia. The Decision imposes extensive sanctions, including asset freeze; ban on trade operations; ban on transit of resources, flights and transportation within the territory of Ukraine; suspension of…
On 20 October 2022, a new set of personal special economic and other restrictive measures (sanctions) became effective (“Decisions”)[1]. The Decisions impose extensive sanctions restrictions, including asset freezes, restriction on the exit of capital from Ukraine, suspension of the performance of economic and financial obligations, a ban on trade operations, prohibition on participation in privatization and defense procurement as well as securities transactions, a ban on increasing the size of the charter capital of related…