Sanctions Tracker – Japan Update On Sanctions Responses To The Situation In Ukraine

In response to Russia's ongoing actions with respect to Ukraine, including the "annexation" of Crimea in 2014, Japan had already implemented the following financial sanctions, in place since 2014:

1. to freeze assets of individuals and entities considered to be directly involved in the annexation of Crimea or the destabilisation of the eastern part of Ukraine; and
2. to tighten the export restrictions on arms and dual-use goods for military use to the Russian Federation, and to prohibit the issue of securities by designated Russian banks and their subsidiaries.

As of 1 March 2022, 82 individuals and entities have been designated in respect of (a) and five banks have been designated in respect of (b).