Additional sanctions on individuals and entities for activities related to Russia and Ukraine

In order to maintain the efficacy of existing sanctions until Russia fully complies with its international obligations with respect to Ukraine, the Special Economic Measures (Russia) Regulations have been amended to list 10 additional entities and two additional individuals in Schedule 1 that are subject to an asset freeze and dealings prohibition. The Russia Regulations have also been amended to expand the category of entities that may be subject to sanctions under Schedule 1. In addition, the Special Economic Measures (Ukraine) Regulations have been amended to list four additional entities and three additional individuals that are subject to an asset freeze and dealings prohibition.

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