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OFSI updates Russian sanctions guidance

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Published on: 02 December 2022

Published by LNB News

LNB News 02/12/2022

Document Information

Issue Date: 02 December 2022

Published Date: 02 December 2022

Jurisdiction(s): England, Northern Ireland, Scotland, Wales and Russian Federation

Article summary

The Office of Financial Sanctions Implementation (OFSI) has provided updated guidance to aid in the clarification of the application of the prohibition on provision of technical assistance, financial services or funds related to G7 dependency and further goods, in compliance with the Russia (Sanctions) (EU Exit) Regulations 2019, SI 2019/855. The guidance offers advice on complying with the prohibitions and requirements, enforcing them and circumstances where they do not apply.

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