The OverRuled: Russia Trade Controls Resource Center has been updated with the following actions:
- 05 Sep 2024 (EU):
The European Commission updated its EU FAQs relating to the provision of services by clarifying whether EU persons must comply with the services prohibition under Article 5n of Council Regulation (EU) No. 833/2014 ("Regulation 833/2014"), even if those services are provided by virtue of being an employee of an EU parent company to a subsidiary in Russia.
- 05 Sep 2024 (EU):
The European Commission ("the Commission") updated its EU FAQs in respect of asset freezing measures and the prohibition on making funds and economic resources available to designated persons. The revised FAQs clarify the ownership threshold for establishing whether a non-designated entity is owned by two or more listed persons, as well as directing readers to the criteria for implementing firewalls set out within the Commission's guidance published on November 29, 2023.
- 02 Sep 2024 (Japan):
Japan expanded prohibitions on the importation of non-industrial Russia-origin diamonds.
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