Sanctions on Russia

General

  • 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.

  • 275 targets and dual-use supply chains sanctioned; industrial-inputs and logistics restrictions

    Blocking sanctions on 275 additional targets; designations on evasion networks in 17 countries supplying advanced technology, machinery, explosives precursors, and microelectronics; measures against domestic Russian importers and manufacturers of defense hardware, aerospace systems, and key industrial inputs; sanctions on foreign logistics, Finance-technology, trust-and-corporate-service providers, and other facilitators of procurement and money flows; restrictions on suppliers of dual-use goods, strategic metals, marine equipment, and mining assets; asset freezes and transaction bans enforced under the 50-percent-ownership rule, with secondary-sanctions risk for foreign Finance institutions.

  • 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.

  • Architecture & engineering services export ban; 22 Generals and 104 entities blocked; sovereign-asset reporting rule

    OFAC designates 22 Generals and 104 entities for sanctions evasion, Finance-services activity, defence supply and future energy extraction; identifies the architecture, engineering, construction, manufacturing and transportation sectors as sanctionable under Executive Order 14024; bans the export, re-export, sale or supply of US architecture and engineering services to Russia from 18 June 2023; amends Directive 4 to compel US holders of Russian sovereign assets to report them; and blocks additional Russian banks, wealth-management intermediaries, metals-and-mining, technology, electronics, energy-research, drilling-equipment and procurement-network firms, together with the Russian Foreign Intelligence Service, placing all on the SDN List and subjecting their US-linked property and transactions to full blocking.

  • Additional banks blocked; metals-and-mining sector determined sanctionable

    OFAC invokes Executive Order 14024 to bar over a dozen additional Russian banks, wealth-management intermediaries, sanctions-evasion networks, metals-and-mining, carbon-fibre, aerospace, electronics, technology and defence-industrial firms from all US dealings; designates the metals-and-mining sector itself as sanctionable; blocks associated property and interests

  • Snactioned Russian generals and entities, export bans on military-related goods

    The Japanese government designated an additional 22 Generals and 3 entities related to the Russian Federation and 14 Generals connected with the eastern and southern part of Ukraine, subjecting them to restrictions. Effective 3 February 2023, the Japanese government introduced an export ban to 49 designated entities of the Russian Federation as listed by the Notice of the Ministry of Foreign Affairs dated 27 January 2023. Also effective 3 February 2023, Japan introduced an export ban on military reinforcement related commodity goods and other items to the Russian Federation.

  • 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.

  • 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.

  • New general and Russian entities sanctions

    Sanctions of 58 Russian Generals, 9 Russian entities and 23 Generals who are considered to have been directly responsible for the unilateral annexation of Donetsk, Luhansk, Kherson and Zaporizhzhia

  • Eighth sanctions package: oil price cap

    A price cap is imposed on the maritime transport of Russian oil to third countries. Further measures include:
    additions to the list of restricted items which may contribute to Russia’s military and technological enhancement;
    additional restrictions on trade and services; targeting of Generals responsible for Russia’s occupation and annexation of territories and the “sham referenda”.