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UK imposes financial sanctions on 3 Russian entities previously subject only to investment sanctions

The UK has amended the following 3 Russian sanctions entity listings, which now makes them subject to asset freezes:

1. UNITED AIRCRAFT CORPORATION
Other Information: Listed under Schedule 2 of the Russia Regulations 2019 (S.I. 2019/855). Not subject to an asset freeze. Last Updated: 31/12/2020 24/02/2022 Group ID: 13121.
2. URALVAGONZAVOD
Other Information: Listed under Schedule 2 of the Russia Regulations 2019 (S.I. 2019/855). Not subject to an asset freeze. Last Updated: 31/12/2020 24/02/2022 Group ID: 13122.
3. VTB BANK
Other Information: Listed under Schedule 2 of the Russia Regulations 2019 (S.I. 2019/855). Not subject to an asset freeze. Last Updated: 31/12/2020 24/02/2022 Group ID: 13080.

As you can see, they had previously been subject only to a more limited set of investment restrictions.

Link:

OFSI Notice

Categories: OFSI Updates Russia sanctions Sanctions Lists

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