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Notice to exporters 2022/33: further sanctions against Russia, introduced in December 2022

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Notice to exporters 2022/33: further sanctions against Russia, introduced in December 2022

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Further to notice to exporters 2022/27, a tranche of new trade sanctions on Russia entered into force on 16 December 2022.

New measures

An expansion of the current prohibitions on the export, supply and delivery, and making available of additional products (as well as related technical assistance, financial services and funds, and brokering services), to, or for use in Russia, to be added to the critical-industry goods and critical-industry technology list and to the defence and security goods and defence and security technology list. Appropriate licences can be sought for prohibited activity.

A prohibition on the direct and indirect provision of auditing services to a person connected with Russia. Appropriate licences can be sought for prohibited activity.

A prohibition on the direct and indirect provision of advertising services to a person connected with Russia. Appropriate licences can be sought for prohibited activity.

A prohibition on the direct and indirect provision of architectural and engineering services to a person connected with Russia. Appropriate licences can be sought for prohibited activity.

A prohibition on the direct or indirect provision of information technology consultancy and design services to a person connected with Russia. Appropriate licences can be sought for prohibited activity.

Exceptions

There are some exceptions to the prohibitions, which are set out in detail in the legislation, and licences can be granted in very limited circumstances.

Expansion of the current prohibitions within Part 3 (Finance) of the 2019 Regulations regarding amendments to existing restrictions on dealing with securities or money market instructions and loans and credit arrangements to persons connected with Russia.

Part 3 (Finance) has also been expanded to suspend the Bank of Englandís duty to make a decision in respect of a notification of third-country resolution action, and to include a prohibition on providing services related to trusts or similar arrangements to, or for the benefit, of persons designated, and, on providing new services related to trusts or similar arrangements to, or for the benefit of, persons connected with Russia.

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