HMG PUBLISHES UPDATED GUIDANCE ON RUSSIAN SANCTIONS

On 17th May 2023, His Majesty’s Government published updated guidance on the UK’s sanctions against Russia.
This guidance assists people in implementing and complying with the Russia (Sanctions) (EU Exit) Regulations 2019. It covers the prohibitions and requirements imposed by the regulations. It also provides guidance on best practice for:

  • complying with the prohibitions and requirements
  • enforcing them

  • circumstances where they do not apply

This guidance should be read alongside more detailed sanctions guidance published by departments including the Department for Business and Trade (DBT), Department for Transport (DfT), Home Office and HM Treasury, through the Office of Financial Sanctions Implementation (OFSI).
The full guidance may be found at:
https://www.gov.uk/government/publications/russia-sanctions-guidance