Sanctions against Russia
June 2022
- 01.06.2022Kamstrup (Electricity generation)Restrictions on sale of goods in russia
The Danish company Kamstrup is going to leave Russia and Belarus. The company has a million turnover in Russia
Berlingske
- 01.06.2022Hewlett Packard Enterprise (Financial corporation)Withdrawal of investments from russia
After suspending shipments to and sales in Russia and Belarus in late February, HPE has monitored the situation closely. It is no longer tenable for us to continue operations in Russia and Belarus, and we are proceeding with an orderly exit of our remaining business in these countries
HPE
- 01.06.2022Canva (Specialized services)Restrictions on the provision of services in russia
Canva has blocked access to the service in Russia and announced that it is completely leaving Russia
Canva
- 02.06.2022United StatesSeizure (confiscation) of russian property
El Departamento del Tesoro de los Estados Unidos (OFAC) está bloqueando el barco "Olympia", en el que está interesado el presidente Vladimir Putin. Además, la OFAC identificó a Shellest como una propiedad incautada de interés en el "Renacimiento de las tradiciones marítimas" y a Nega como una propiedad incautada de interés para Helios LLC
U.S. Department of the Treasury
- 02.06.2022Pixabay (Specialized services)Restrictions on the provision of services in russia
Company has made the decision to fully suspend service in russia until further notice. This means that users will not be able to access Pixabay from within russia
Pixabay
- 02.06.2022United StatesSanctions against persons and entity
The U.S. Department of State imposed sanctions on five of russia’s oligarchs and elites, including Maria Zakharova, the spokesperson of the Russian Ministry of Foreign Affairs; Alexey Mordashov, the leader of Severgroup and one of Russia’s wealthiest billionaires; and family members and entities associated with the oligarchs and elites. U.S. Department of Commerce is adding 71 additional parties located in Russia and Belarus to the Entity List, further restricting the Russian military’s ability to obtain technologies and other items it needs to sustain aggression and project power
U.S. Department of the Treasury
- 02.06.2022Tata Power (Electricity generation)Suspension of cooperation with russia and certification
Energy company Tata Power is liquidating a subsidiary in Kamchatka
Інтерфакс
- 03.06.2022European Union (Political associations)Restrctions on sells and imports of russian goods
The EU decided to prohibit the purchase, import or transfer of crude oil and certain petroleum products from Russia into the EU. The phasing out of russian oil will take from 6 months for crude oil to 8 months for other refined petroleum products. A temporary exception is foreseen for imports of crude oil by pipeline into those EU member states that, due to their geographic situation, suffer from a specific dependence on Russian supplies and have no viable alternative options (Sixth package of sanctions)
The European Union
- 03.06.2022European Union (Political associations)Restrictions on the russian media
The EU is suspending the broadcasting activities in the EU of three more Russian state-owned outlets: Rossiya RTR/RTR Planeta, Rossiya 24 / Russia 24 and TV Centre International. These structures have been used by the Russian Government as instruments to manipulate information and promote disinformation about the invasion of Ukraine (Sixth package of sanctions)
The European Union
- 03.06.2022European Union (Political associations)Sanctions against persons and entity
The Council decided to impose restrictive measures on an additional 65 individuals and 18 entities including military staff that led the actions of those units of the Russian army that killed, raped, and tortured civilians in Ukraine in Bucha, including Colonel Azatbek Omurbekov, who was nicknamed the ’Butcher of Bucha’ and Alina Kabaeva is also included in the list as a close associate of President Vladimir Putin (Sixth package of sanctions)
The European Union
- 03.06.2022European Union (Political associations)Restrictions on sale of goods in russia
The EU is expanding the list of persons and entities concerned by export restrictions regarding dual-use goods and technology. Such additions to the list include both Russian and Belarusian entities. Moreover, the EU will expand the list of goods and technology which may contribute to the technological enhancement of Russia’s defence and security sector. This will include 80 chemicals which can be used to produce chemical weapons
The European Union
- 03.06.2022European Union (Political associations)Restrictions on russian banks
The EU is extending the existing prohibition on the provision of specialised financial messaging services (SWIFT) to three additional Russian credit institutions – Russia's largest bank Sberbank, Credit Bank of Moscow, and Russian Agricultural Bank – and the Belarusian Bank For Development And Reconstruction (Sixth package of sanctions)
The European Union
- 03.06.2022European Union (Political associations)Restrictions on the provision of services in russia
The EU will prohibit the provision of accounting, public relations and consultancy services.
The European Union
- 04.06.2022edX (Education)Suspension of cooperation with russia and certification
The company is removing all edX course content offered by Russian Universities – ITMO University, National Research Nuclear University MEPhL, National University of Science and Technology MISiS, Peoples' Friendship University of Russia (RUDN), and Ural Federal University.
edX
- 06.06.2022S&P (Banking and finance)Restrictions on the provision of services in russia
Dow Jones' Risk & Compliance service has stopped supplying sanctions to Russian banks
Економічна правда
- 07.06.2022United StatesSeizure (confiscation) of russian property
The USA has been authorized to seize a Boeing 787-8 aircraft and a Gulfstream G650ER aircraft owned and controlled by Russian oligarch Roman Abramovich, pursuant to a seizure warrant from the U.S. District Court for the Southern District of New York, which found that the airplanes are subject to seizure and forfeiture based on probable cause of violations of the Export Control Reform Act (ECRA) and the recent sanctions issued against Russia.
U.S. Department of Justice
- 07.06.2022United StatesSuspension of cooperation with russia and certification
The US Treasury has tightened financial sanctions against Russia, banning investors from buying the country's debt on the secondary market. The new guidelines mean that US firms can hold or sell Russian debt but cannot buy it, according to a spokesman for the Foreign Ministry's Foreign Assets Control Department
Bloomberg
- 07.06.2022IBM (Computer hardware manufacturing)Suspension of cooperation with russia and certification
The company has decided to suspend operations in Russia as the effects of the war continue to grow and uncertainty about its long-term consequences is growing
IBM
- 07.06.2022JapanRestrictions on russian banks
Japan has imposed additional sanctions targeting two Russian banks and one Belarusian. Actions include the freezing of assets, which will be introduced on July 7, 2022. Also, the government has imposed a ban on exports of goods that help strengthen the industrial base of the Russian Federation
MFA of Japan
- 07.06.2022New ZealandSanctions against persons and entity
Minister of Foreign Affairs Nanaia Mahuta has announced additional sanctions on Russian state-owned enterprises and defence entities in response to the ongoing brutality in Ukraine. Sanctions apply Russia’s largest company Gazprom and 44 entities (including six Belarusian defence entities) that are building weapons and military technology for Putin’s war and are part of Russia’s vast military industrial complex
Beehive (New Zealand)
- 07.06.2022United StatesSeizure (confiscation) of russian property
A Russian-owned superyacht docked in Fiji departed for the United States on Tuesday after a court in the Pacific island nation ordered its removal, saying it was a waste of money to maintain amid legal wrangling over its seizure
Reuters
- 08.06.2022CanadaRestrictions on the provision of services in russia
Canada imposes sanctions on the export of 28 services vital for the operation of the oil, gas and chemical industries, including technical, management, accounting and advertising services
Government of Сanada
- 09.06.2022CanadaSeizure (confiscation) of russian property
According to an updated report from the Royal Canadian Mounted Police (RCMP), after Russia's invasion of Ukraine, Canada blocked Russian assets for 123 million Canadian dollars (about 96.8 million US dollars). Transactions of C $ 289 million (approximately $ 227.4 million) were also blocked
Royal Canadian Mounted Police
- 09.06.2022DMG Mori Seiki (Equipment)Withdrawal of investments from russia
DMG Mori Seiki, a large machine tool company, has left Russia. It closed an assembly plant in Ulyanovsk, western Russia, and laid off about 200 employees. About 70 people from the sales and service office in Moscow were also fired. This is the first major Japanese manufacturer to announce a complete exit from Russia
The Asahi Shimbun
- 10.06.2022SwitzerlandSanctions against persons and entity
The Swiss Federal Council has decided to support the sixth package of EU sanctions against Russia and Belarus. In addition, the Department of Economics, Education and Research (EAER) has imposed personal financial and tourism restrictions on another 100 people. It is noted that the sixth package of EU sanctions in Switzerland is currently undergoing an adaptation process. A number of government agencies, in particular, need to study in detail the consequences of the embargo on Russian oil
Der Bundesrat
- 10.06.2022JapanRestrictions on sale of goods in russia
Japan imposes new sanctions banning the export of electrical equipment and parts, steel tanks and wooden containers, trucks and measuring equipment to Russia
Ministry of Economy, Trade and Industry of Japan
- 13.06.2022Tetra Pak (Chemical industry)Restrictions on sale of goods in russia
Sweden bans companies from exporting goods to Russia
Dagens Nyheter
- 14.06.2022JPMorgan (Financial corporation)Suspension of cooperation with russia and certification
JPMorgan Halt Russian Debt Trading After US Tightens Ban
Bloomberg
- 14.06.2022Goldman Sachs (Financial corporation)Suspension of cooperation with russia and certification
Goldman Halt Russian Debt Trading After US Tightens Ban
Bloomberg
- 14.06.2022Kofax (IT companies)Restrictions on sale of goods in russia
curtail all sales of software and close sites in Russia
Kofax
- 15.06.2022Game Insight (Gaming industry)Withdrawal of investments from russia
The company closes all offices and leaves the Russian market
Михайло Федоров
- 15.06.2022United StatesSanctions against persons and entity
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating two key supporters of the ethnically motivated violent extremist group known as the Russian Imperial Movement (RIM)
U.S. Department of the Treasury
- 15.06.2022Ponsse PLC (Heavy machinery)Withdrawal of investments from russia
Ponsse announced its intention to divest its operations in Russia on 15 June 2022
Ponsse
- 16.06.2022Baker Hughes (Oil and gas mining)Restrictions on the provision of services in russia
American oil service company Baker Hughes stops servicing all Russian liquefied gas projects
Економічна правда
- 16.06.2022Kinross Gold (Extraction of raw materials)Withdrawal of investments from russia
Canadian gold mining company Kinross Gold Corporation has sold 100% of its Russian assets to Highland Gold Mining for $ 340 million
Kinross Gold
- 16.06.2022Enel (Electricity generation)Withdrawal of investments from russia
The company is leaving the Russian market and announced the sale of the entire share of 56.43% in the Russian business "Enel Russia", Lukoil and Gazprombank
BORSA
- 16.06.2022United KingdomSanctions against persons and entity
The UK has announced a new wave of sanctions for the barbaric treatment of children in Ukraine. The measures include the sanctioning of Russian Children’s Rights Commissioner Maria Lvova-Belova for her alleged involvement in the forced transfer and adoption of Ukrainian children. Lvova-Belova has been accused of enabling 2,000 vulnerable children being violently taken from the Luhansk and Donetsk regions and orchestrating a new policy to facilitate their forced adoptions in Russia. Patriarch Kirill, head of Russian Orthodox Church also sanctioned for his prominent support of Russian military aggression in Ukraine sanctions also target Putin’s allies, military commanders and Russian and Myanmar arms dealers
Government of UK
- 16.06.2022Coca-Cola (Food Industry)Withdrawal of investments from russia
Bottler Coca-Cola HBC AG (CCH.L) and its existing customers in Russia are "in the process of depleting stock," Coca-Cola Co (KO.N) said in a statement, after Reuters reported that Coke was for sale at a McDonald's Corp (MCD.N)franchise in St. Petersburg
Reuters
- 19.06.2022MoldovaRestrictions on the russian media
Moldova has banned the broadcasting of all Russian-made news programs. The law on the ban was signed by Moldovan President Maya Sandu
Rlive.md
- 20.06.2022European Union (Political associations)Restrctions on sells and imports of russian goods
The Council has decided to renew the sanctions introduced by the EU in response to the illegal annexation of Crimea and the city of Sevastopol by the Russian Federation, until 23 June 2023. The restrictive measures currently in place include: prohibitions targeting the imports of products originating from illegally annexed Crimea or Sevastopol into the EU infrastructural or financial investments and tourism services from illegally annexed Crimea or Sevastopol the exports of certain goods and technologies to Crimean companies or for use in illegally annexed Crimea in the transport, telecommunications and energy sectors
The European Commission
- 21.06.2022EstoniaRestrctions on sells and imports of russian goods
Starting from 10.07.2022 to Estonia it is no longer possible to import or transfer goods that resemble Russia or are exported from Russia, sales of which bring significant income to Russia and allow you to continue the foreign aggression and the conquest of Ukraine
Податково-митний департамент Естонії
- 21.06.2022Decathlon (Clothing, shoes and accessories)Restrictions on sale of goods in russia
The French network of sporting goods Decathlon will suspend its activities in Russia from June 27, 2022: both stores and sales on the site will be closed. This was reported on the Russian website of the network
Економічна правда
- 22.06.2022Interactive Brokers (Financial corporation)Restrictions on the provision of services in russia
Since July 31, the American broker Interactive Brokers (IB) will not accept rubles to replenish client accounts. Previously, IB accepted ruble transfers to accounts only from those Russian banks for which no sanctions were imposed
Економічна правда
- 23.06.2022Nike (Clothing, shoes and accessories)Withdrawal of investments from russia
The company plans to gradually withdraw from the Russian market against the background of mass exodus from Russia of Western companies
Nike
- 23.06.2022Cisco (Telecommunication)Withdrawal of investments from russia
The company mades the decision to begin an orderly wind-down of our business in Russia and Belarus
Cisco
- 23.06.2022United KingdomRestrictions on sale of goods in russia
Prohibitions on the export internal repression goods and technology goods and technology relating to chemical and biological weapons, maritime goods and technology, additional oil refining goods and technology, additional critical industry goods and technology
Government of United Kingdom
- 27.06.2022JapanRestrctions on sells and imports of russian goods
Japanese Prime Minister Kishida Fumio has announced additional sanctions against Russia, including a ban on imports of Russian gold
NHK.JP
- 27.06.2022JapanRestrictions on the provision of services in russia
Japanese Prime Minister Kishida Fumio has announced sanctions on providing accounting, trust and some other services to Russia
NHK.JP
- 28.06.2022Ponsse PLC (Heavy machinery)Withdrawal of investments from russia
Ponsse divests its subsidiary in Russia. Ponsse signed the deed of sale, according to which Ponsse’s operations in Russia will transfer to OOO Bison once the conditions of the transaction have been met. Ponsse announced its intention to divest its operations in Russia on 15 June 2022. Sales in Russia and Belarus have accounted for roughly 20 per cent of Ponsse’s net sales based on the 2021 financial statements
Ponsse
- 28.06.2022BulgariaExpulsion of russian diplomats
Bulgaria presented the names of 70 employees of the Russian missions to Ambassador Mitrofanova, who must leave the country by midnight on July 3, 2022
MFA of Republic of Bulgaria
- 28.06.2022United StatesSanctions against persons and entity
U.S. Department of State, which is imposing sanctions on an additional 45 entities and 29 individuals. Included in the State Department’s action is the designation of Russian Federation military units and the re-designation of Russia’s Federal Security Service (FSB), which have been credibly implicated in human rights abuses or violations of international humanitarian law in Ukraine
U.S. Department of the Treasury
- 28.06.2022Michelin (Components)Withdrawal of investments from russia
Michelin announces its intention to transfer its activities in Russia to local management by the end of 2022. Michelin Russia employs approximately 1,000 people, including 750 at the Davydovo plant, located about 100 kilometers from Moscow. The site has an annual production capacity of 1.5 to 2 million tires, mainly for passenger cars. Michelin’s sales in the country represent 2% of the Group’s total sales and 1% of its global car tire production
Michelin
- 28.06.2022Nokian Tyres (Components)Withdrawal of investments from russia
Nokian Tyres’ Board of Directors has today decided to initiate a controlled exit from the Russian market. Due to the war in Ukraine and the subsequent, tightening sanctions it is no longer feasible nor sustainable for Nokian Tyres plc to continue operations in Russia. The exit preparations will start immediately, and the company will evaluate different options for the exit
Nokian Tyres
- 28.06.2022Nissan (Passenger transport)Restrictions on sale of goods in russia
Japan's Nissan suspends Russia production for six months
Reuters
- 28.06.2022United StatesRestrctions on sells and imports of russian goods
OFAC prohibited the importation of Russian gold into the United States
U.S. Department of the Treasury
- 30.06.2022United StatesSeizure (confiscation) of russian property
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced it has issued a Notification of Blocked Property to Heritage Trust, a Delaware-based trust in which OFAC-designated Russian oligarch Suleiman Abusaidovich Kerimov holds a property interest. As of June 30, 2022, Heritage Trust holds assets valued at over $1 billion. This action ensures that those assets remain blocked and inaccessible to Kerimov
U.S. Department of the Treasury
