RUSSIA SANCTIONS: 86 ENTRIES ADDED AND 3 DELETED BY UK AND ISLE OF MAN

On 19 May, the UK and the Isle of Man advised that 86 entries have been added to the consolidated list and are now subject to an asset freeze and trust services sanctions.  The new designations target individuals and organisations connected to Russia’s energy, metals, defence, transport, and financial sectors, including 9 organisations connected to Russia’s state-owned nuclear energy company.   

At the same time 3 existing entries had been deleted – Nikolay Yurievi PETRUNIN; Kyrylo Sergiyovich STREMOUSOV; and Vladimir Nikolayevich SUNGORKIN. 

A separate news release from the Isle of Man advised that the Russian sanctions guidance had been updated.

https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/1157892/Notice_Russia_190523.pdf

https://www.gov.im/news/2023/may/19/financial-sanctions-russia/

https://www.gov.im/news/2023/may/19/sanctions-guidance-russia/

https://www.rferl.org/a/russia-uk-sanctions-diamonds-shipping/32418864.html

https://www.gov.uk/government/news/uk-sanctions-target-russias-theft-of-ukrainian-grain-advanced-military-technology-and-remaining-revenue-sources

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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