Notice

NTE 2023/24: further sanctions against Russia, introduced in December 2023

Published 18 December 2023

Introduction

Further to notice to exporters 2023/07 a tranche of new trade sanctions on Russia entered into force on 15 December 2023.

The legislation for the new measures is the Russia (Sanctions) (EU Exit) (Amendment) (No.4) Regulations 2023.

The legislation amends sanctions legislation originally introduced in 2014. The latest version of the legislation is the Russia (Sanctions) (EU Exit) Regulations 2019 (the “2019 Regulations”).

New measures

New measures prohibit the export, supply and delivery, and making available to, or for use in, Russia, of newly sanctioned items as well as the provision of related ancillary services.

The newly sanctioned items have been added to existing schedules in the 2019 Regulations, namely: 2A (critical-industry goods and critical-industry technology), 3A (luxury goods) and 3E (G7 dependency and further goods).

The new measures also included amendments to Schedule 3C (defence and security goods and defence and security technology). The new measures also amend some codes in Schedule 3I (Russia’s vulnerable goods).

Appropriate licences can continue to be sought for prohibited activity.

Exceptions

There are some exceptions to the prohibitions, which are set out in detail in the 2019 Regulations, and licences can be granted in very limited circumstances.

Related measures

Expansion of the current prohibitions within Part 3 (Finance), Part 8 (Information and records) and Schedule 5 (Treasury licences: purposes) of the 2019 Regulations. These are regarding:

• new reporting obligations on the assets of designated persons
• amendments to existing restrictions on processing payments
• the introduction of a new licensing ground to support entities seeking to divest themselves of their Russian interests

This sanctions package includes import measures. Information on these prohibitions can be found in the notice to importers Russia import sanctions.

Further information is available from the Office for Financial Sanctions Implementation (OFSI)

Further guidance and support

Guidance on the scope of sanctions against Russia, including the circumstances in which licences can be granted, will shortly be updated and can be found on the Russia sanctions: guidance page.

For further information on import related sanctions, contact DBT’s Import Licensing Branch, email: importcontrols@businessandtrade.gov.uk.

The Export Support Service is ready to help with any other enquiries about exporting or trading with Russia or Ukraine that are not specific to the requirement for export licences.

Contact ECJU

General queries about strategic export licensing

Export Control Joint Unit
Department for Business and Trade
Old Admiralty Building
Admiralty Place
London
SW1A 2DY

Email exportcontrol.help@businessandtrade.gov.uk

Telephone 020 7215 4594

Contact for general queries about strategic export licensing

Contact OFSI

Office of Financial Sanctions Implementation

Office of Financial Sanctions Implementation
HM Treasury
1 Horse Guards Road
London
SW1A 2HQ

Email ofsi@hmtreasury.gov.uk

General enquiries 020 7270 5454

Enquiries relating to asset freezing or other financial sanctions should be submitted to the Office of Financial Sanctions Implementation.

Enquiries relating to the Oil Price Cap on Russian oil should be submitted to oilpricecap.ofsi@hmtreasury.gov.uk

Contact OTSI

Office of Trade Sanction Implementation

Department for Business and Trade
Old Admiralty Building
Admiralty Place
London
SW1A 2DY

Email: dbt-otsi@businessandtrade.gov.uk

If you have an enquiry relating to the establishment of the Office of Trade Sanctions Implementation (OTSI), please contact us.

Otherwise, please continue to use existing channels in government for all other trade sanctions enquiries.

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