The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:
- 10 Jan 2025 (UK):
The Office of Financial Sanctions Implementation ("OFSI") amended UK General Licence INT/2024/4888228 (the "GL"), which clarifies that Statutory Auditors may receive Permitted Payments (both terms as defined therein) made by UK designated persons ("UK DPs") or persons acting on behalf of UK DPs.
- 08 Jan 2025 (BIS):
The U.S. Department of Justice ("DOJ") announced that Nikolay Goltsev, a Russian-Canadian national, was sentenced to 40 months in prison after pleading guilty to charges of conspiracy to commit export control violations. The charges stem from Goltsev's global procurement scheme to ship electronic components for use in Russian military weapons systems and signals intelligence equipment. Goltsev was arrested in October 2023, and he pleaded guilty in July 2024. Two co-conspirators have pleaded guilty to similar charges.
- 07 Jan 2025 (UK):
The Office of Trade Sanctions Implementation ("OTSI") issued new guidance for UK exporters in respect of countering Russian sanctions evasion (the "Guidance"). The Guidance seeks to support UK exporters in understanding circumvention practices, identifying red flags, utilizing screening tools, and reducing the risk of business being targeted by those seeking to circumvent sanctions measures.
- 07 Jan 2025 (UK):
The Office of Trade Sanctions Implementation ("OTSI") issued new guidance to assist exporters who wish to insert a "no re-export to Russia" clause into their contracts to prevent buyers from re-exporting goods to Russia. The OTSI guidance is aimed at those involved in exporting Common High Priority Items ("CHPI") and any other items critical to Russian weapons systems and military development.
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