Effective as of 13 June 2023, Ukraine introduced a new set of personal sanctions against 178 individuals,[1] either Russian judges, including the judges of the Constitutional Court of the Russian Federation and its head Valerii Zorkin, or former Ukrainian judges who defected to the Russian side.
The Decision imposes extensive sanctions for a five-year period, including asset freeze; ban on trade operations; ban on the 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 participating in privatization and lease of state property; prohibition on the transfer of technologies and on the rights to objects of intellectual property rights; entry ban; and ban on acquiring title to land plots. The particular set of sanctions applicable to each person is set forth in the annex to the Decision.
The full list of individuals subject to sanctions is set forth in the annex to the Decision.
Any party dealing with persons on the sanctions lists must carefully assess the exact scope of the sanctions imposed and the implications of dealing with such individuals.
[1] Presidential Decree No. 321/2023 dated 11 June 2023 “On the Decision of the National Security and Defense Council dated 11 June 2023 ‘On Imposing and Amending of Personal Special Economic and other Restrictive Measures (Sanctions)'”, effective from 13 June 2023 (the “Decision“).
