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UK & Europe
On 24 March 2022, the UK Government announced 65 new Russian sanctions, targeted at strategic industries (including defence and transport), banks and business elites.
The new sanctions, particularly those targeted at CEO’s and business leaders, represent a shift in the UK Government’s approach, which previously focussed sanctions activity around financial institutions and oligarchs. Those subject to the sanctions will have their UK assets frozen and no UK citizen or company will be able to do business with them. Individuals subject to travel bans will also be prohibited from travelling to or from the UK.
The entities and individuals sanctioned include;
The UK has now sanctioned over 1,000 individuals and entities, since the invasion commenced.
The new sanctions are available here:
Financial sanctions, Russia - GOV.UK (www.gov.uk)