Articles Posted in United Kingdom (UK)

UK DEVELOPMENTS

Further designations
On 10 March 2022, the UK Government added a further seven oligarchs to its list of sanctions targets, including the owner of Chelsea football club, Roman Abramovich. This was closely followed on 11 March 2022 by the sanctioning of 386 members of the Russian Duma (comparable sanctions had already been imposed by the EU).

Further aircraft-related sanctions
Airport operators, air traffic controllers and the Secretary of State have been granted new powers to issue directions to Russian aircraft (e.g., to take off, not to take off, and to land) and to suspend and revoke permissions needed to operate. The new provisions also allow the detention and movement of Russian aircraft and prohibit a person from providing aircraft insurance or reinsurance services to a person connected with Russia or where the aircraft is for use in Russia.

Published on: March 3, 2022

Further Sanctions Issued Against Russia and Belarus from the EU and UK

By Stephan E. Becker, Steven Farmer, Scott Morton and Mark Booth

The EU and UK have imposed additional export controls and sanctions with respect to Russia and Belarus connected to the Russian invasion of Ukraine. Below is a summary of key developments over recent days since our last blog post on EU and UK developments [here]. This is a rapidly developing area and future blog posts will summarize further developments.

Published on: February 28, 2022

Further EU and UK Measures Taken Against Russia

By Nancy A. Fischer, Steven Farmer, Matthew R. Rabinowitz and Mark Booth

Nancy A. Fischer

Matthew R. Rabinowitz

As the Russian invasion of Ukraine continues, the global pressure on the Putin regime intensifies with the EU issuing additional sanctions and export controls on Friday evening (February 25). The legislation implementing the UK’s latest announced sanctions is expected early this week. Both the EU and the UK have added further persons to their respective asset freeze lists, and both have now designated Mr. Putin and his Foreign Minister, Mr. Lavrov.

Published on: February 25, 2022

European and UK Sanctions Update – Further Measures Imposed

By Steven Farmer, Aaron R. Hutman and Mark Booth

Aaron R. Hutman

The EU and UK have imposed further sanctions in response to the invasion of Ukraine and the recognition by Russia of the Donetsk and Luhansk People’s Republics (DNR and LNR) of Ukraine as independent territories.

Pillsbury Global Trade & Sanctions Law Team

Published on: February 22, 2022

Initial Global Sanctions on Russia in Response to Events in Eastern Ukraine

By Christopher R. Wall, Nancy A. Fischer, Aaron R. Hutman, Steven Farmer, Benjamin J. Cote, Matthew R. Rabinowitz, Scott Morton and Pillsbury Global Trade & Sanctions Law Team

Matthew R. Rabinowitz

Scott Morton

In response to President Putin’s televised recognition of Donetsk and Luhansk People’s Republics (“DNR” and “LNR”) of Ukraine as “independent” nations, and reports of Russian troops being ordered into Ukrainian territory, the United States has imposed Crimea-style comprehensive sanctions on the DNR and LNR prohibiting new U.S. investment as well as imports and exports to and from the regions. The EU and the UK have sanctioned banks and oligarchs, and Germany has suspended certifications on the NordStream2 pipeline project.

Published on: January 12, 2022

Changes to the Structure of the UK Sanctions List

By Steven Farmer and Mark Booth

From February 21, 2022, the format of the UK Sanctions List and the UK Office of Financial Sanctions Implementation (OFSI) consolidated list will be different. Businesses must take steps to ensure their systems and processes are configured correctly for the new formatting. In particular, a number of data fields are being updated and seven new fields are being introduced to the OFSI consolidated list.