Tag: All Regions
FBI Director Concludes Meetings with U.K. Partners
FBI Director Meets with Chilean Counterpart
EU adopts seventh “maintenance and alignment” sanctions package against Russia
On the 21 July 2022, the European Council adopted a seventh sanctions package against Russia. The sanctions package intends to build on and strengthen existing economic sanctions in place and has been dubbed the “maintenance and alignment” package. The sanctions package includes: New prohibitions targeting gold and jewellery, banning the purchase, import, or transfer, be it directly or indirectly, if either good originates in Russia. Extending export controls on dual use and advanced technology items which are deemed to have…
The UK passes new legislation amending Russia sanctions measures
Import prohibitions: On the 15 July 2022, the UK Parliament passed The Russia (Sanctions) (EU Exit) (Amendment) (No. 11) Regulations 2022 (legislation.gov.uk) which makes related consequential amendments to trade sanction measures in Part 5 (Trade) of the Russia (Sanctions) (EU Exit) Regulations 2019 (“2019 Regulations”). This amendment replaces the Russia (Sanctions) (EU Exit) (Amendment) (No.10) Regulations 2022. The amendment extends existing import sanctions and provides for a number of trade restrictions relating to: Technology with the potential use for internal…
UK Government adds six new individuals to UK sanctions list
https://www.clydeco.com/en/insights/2022/07/uk-government-adds-six-new-individuals-to-uk-sanct
UK Government announces new sanctions against Russia
On the 29 June 2022, the UK government announced new sanctions against Russia targeting thirteen new individuals and entities, including Russia’s second richest man, Vladimir Potanin. Vladimir Potanin is reported to have an estimated net worth of £13bn and is the owner of major conglomerate Interros. He is also the chief executive and biggest shareholder in Norilsk Nickel, which is the largest supplier of nickel and palladium in the world. Norilsk is crucial to the supply of palladium for catalytic…
