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On 7 November 2024, the UK unveiled its largest sanctions package against Russia since mid-2023, aiming to weaken Russia's military and curtail Russian-backed mercenary operations worldwide.
These Regulations add new financial sanctions to Part 3 (Finance) of the 2019 Regulations. The amendments insert restrictions regarding investments (and services directly related to those investments) in respect of land located in Russia, persons connected with Russia, relevant entities, joint ventures...
Following a review of the professional and business services sanctions in place under Regulation 54C of the Russia Sanctions Regulations, the government has decided to remove the licensing consideration which relates to the provision of such services from UK parent companies and their UK subsidiaries t...
-britain has slapped sanctions on 10 further ships in russia's so-called "shadow fleet" of vessels which it says use illicit practices to avoid western restrictions on russian oil. russia rejects western pressure to limit its oil exports, and in the past year there has been a growth i...
On 21 June 2022 the UK government imposed further trade restrictions against Russia under The Russia (Sanctions) (EU Exit) (Amendment) (No. 14) Regulations 2022 which amend The Russia (Sanctions) (EU Exit) Regulations 2019) (“the Regulations”). A copy of the consolidated Regulations can be...
The UK government has introduced further sanctions targeting Russia, amending measures targeting the aviation sector in particular and extending previous restrictions on Crimea.The Russia (Sanctions) (EU Exit) (Amendment) (No. 7) Regulations 2022 came into force on 30 March. Changes in this ...
On June 13, the UK declared its first specific sanctions against the tankers in the shadow fleet, moving Russia’s oil as part of a broader effort in association with the G7 nations at the beginning of the summit in Italy. The most recent sweeping effort that the UK mentioned in...
government will ramp up sanctions in the future so that even diamonds cut and polished elsewhere are barred from import into the U.S.The European Union, so far, has only prohibited the export of luxury goods valued at more than €300 (about $330) to Russia, including diamonds and jewelry...
"This is our choice. We are on our land. We're not afraid of anyone and everyone," he said, according to a transcript by NBC News. watch now VIDEO02:34 If Russia's troops take Kiev, we'll have very serious Western sanctions, says RBC Capital Markets's Croft ...