RUSSIA SANCTIONS: US ADDS 57 ENTITIES TO ITS EXPORT CONTROLS ENTITY LIST IN RESPONSE TO RUSSIA’S FURTHER INVASION OF UKRAINE

On 30 September, KPMG reported that the Bureau of Industry and Security (BIS) of the US Commerce Department advised that 56 of the entities will be listed on the entity list under the destination of Russia and 1 will be listed under the destination of the Crimea region of Ukraine.  Being placed on the Entity List Entities means the entity is subject to licence requirements for the export or transfer of specified items, such as some US technologies.

https://home.kpmg/us/en/home/insights/2022/09/tnf-us-additions-ear-entity-list.html

https://www.bis.doc.gov/index.php/documents/about-bis/newsroom/press-releases/3146-2022-09-30-bis-press-release-bis-adds-57-to-entity-list-final/file

https://www.steptoeinternationalcomplianceblog.com/2022/09/us-implements-subtle-but-significant-expansions-of-export-controls-on-russia-belarus-and-other-countries/

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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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