Ban on the export of foreign currency (monetary instruments) in cash from the country in the amount of more than $ 10 thousand.
Finance
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Bank of Russia acts to atabilize Finance sector amid volatility
The Bank of Russia implements additional measures to support the Finance sector due to increased volatility: insurance companies will be given the opportunity to establish a fixed value of foreign currency exchange rates as of February 18, 2022 for the calculation of mandatory ratios; reduction to zero of the additional and increased rates of insurance premiums for banks in the deposit insurance system; dissolution of the accumulated macroprudential capital buffer according to the claims of banks in foreign currency to legal entities; premiums to risk ratios are also canceled; credit institutions required to postpone the payment of dividends and bonuses to management.
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Suspension of short sales on the exchange and over-the-counter markets
Suspension of short sales on the exchange and over-the-counter markets, to stabilize domestic markets, limit speculative attacks, and shield key assets from being driven down by foreign or domestic investors.
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Sanctioning Russia Act (Proposed)
Imposition of a 500% tariff on countries purchasing Russian-origin energy products.
Expanded sanctions targeting Russia’s banking and energy sectors.
Authorization to use frozen Russian assets for military financing to Ukraine. -
Gazprombank and 50-plus banks blocked, asset freezes
OFAC blocks Gazprombank and its six overseas subsidiaries; designates more than 50 additional Russian banks, over 40 domestic securities registrars, 15 central-bank finance officials plus staff at Russian bank branches in China and India; issues general licenses for short wind-down and divestment of Gazprombank positions; warns that foreign institutions joining Russia’s SPFS or maintaining correspondent ties with newly listed banks face secondary-sanctions risk; all newly listed parties’ U.S.-linked property and transactions are prohibited.
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Asset freezes and export bans on Russian and third-country entities
Payment and capital transaction restrictions on 10 Generals and 27 entities from the Russian Federation, one General and one entity from eastern and southern Ukraine, and one entity from a country other than the Russian Federation or the Republic of Belarus, subjecting them to asset freeze measures.
Exports to 14 specific Russian Federation entities and 10 specific entities from countries other than the Russian Federation or the Republic of Belarus designated by the Ministry of Foreign Affairs Notice promulgated on 21 June are prohibited. -
New general sanctions, export bans; import ban on diamonds
A total of 35 Generals and 44 entities in Russia, Ukraine or the UAE were designated as sanctioned parties in Japan.
57 entities in Russia and 6 entities in other countries were designated as specified entities, to whom exports of any items from Japan are prohibited.
Japan will introduce a new import ban on non-industrial diamonds that are shipped from Russia from January 1, 2024. HS codes of those prohibited items are; 7102.10, 7102.31, and 7102.39. -
New Russian generals and entities sanctioned, expands export and service bans
Sanctions for additional 17 Generals and 78 entities related to the Russian Federation and 7 Generals related to annexation, subjecting them to restrictions on payments and capital transactions. Effective 2 June 2023, the Japanese government also introduced an export ban to 80 designated entities of the Russian Federation.
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Wagner sanctions; global network and defence entities blocked
PMC Wagner redesignated as a Significant Transnational Criminal Organization under EO 13581/13863; nine Wagner-linked entities and Generals in China, the CAR and the UAE added to the SDN List; further Russian defence-industrial entities and Putin-associated officials designated under EO 14024, all subject to full blocking sanctions.
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9th package of sanctions against Russia
The new measures include bans on:
exports of drone engines;
exports of dual-use goods and technology;
investments in the mining sector;
transactions with the Russian Regional Development Bank;
the provision of advertising, market research and public opinion polling services.