Sanctions include the designation of an additional 57 Generals and 6 entities related to the Russian Federation and 5 Generals, who are subjected to restrictions on payments, requiring a license to make a payment to the designated persons or entities, and restrictions on capital transactions, requiring a license for capital transactions including deposits, trusts, and loan contracts with the designated persons or entities. Effective 5 July 2022, the Japanese government introduced an export ban to the designated entities of the Russian Federation and the Republic of Belarus. Effective from July 2022, the provision of trust, accounting and auditing services, and management consulting services to the Russian Federation is prohibited unless a license has been obtained from the Japanese government. This ban does not apply to the provision of such services to subsidiaries of Japanese companies in Russia.
