UK ADDS EVRAZ PLC TO RUSSIA SANCTIONS LISTS AND ISSUED GENERAL LICENCE

On 5 May, a Notice from HM Treasury advised that EVRAZ PLC, a UK-incorporated holding company of a multinational steel manufacturing and mining company group, had been added to the sanctions lists.  It also issued General licence INT/2022/1710676 which allows for the continuation of business operations of the North American subsidiaries specified in the Licence – Evraz North America PLC; Evraz Inc; and Evraz Inc (Canada).

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1073490/Notice_Russia_050522.pdf

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1073555/GL_publication_notice_Evraz.pdf

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Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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