Sanctions Tracker – Round-Up Of Recent UK And EU Developments

In this post we provide a summary of a number of recent developments regarding the UK and EU sanctions imposed on Russia.

UK

New UK sanctions legislation

On 20 April, the UK issued its first new Russia sanctions statutory instrument of 2023: the Russia (Sanctions) (EU Exit) (Amendment) Regulations 2023 (the "Amending Regulations"), which amend the Russia (Sanctions) (EU Exit) Regulations 2019 (the "Russia Regulations").

A summary of the principal changes effected by the Amending Regulations is set out below:

• the existing trade sanctions in the Regulations (which prohibit the export, supply or delivery of certain items to Russia) have been expanded to cover additional items used by Russia on the battlefield. The relevant goods have been added to a number of the existing schedules in the Regulations: critical industry goods, quantum computing and advanced materials goods, defence and security goods, G7 dependency and further goods, and