ARTICLE · 10 NOVEMBER 2016

Ukraine's Decree On Application Of Special Sanctions

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On 17 October 2016, the President of Ukraine signed Decree No. 467/2016 on the application of special sanctions.

UkraineInternational Law

Natalia Selyakova

Ksenia Ostrovska

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On 17 October 2016, the President of Ukraine signed Decree No. 467/2016 on the application of special sanctions.

By this Decree a variety of personal special economic and other restrictions (the Sanctions) and the list of sanctioned persons related to the annexation of Crimea and the aggression in Donbas established in 2015 have been extended for a consecutive period of one year.

Now the Sanctions apply to approx. 1,000 individuals and 400 legal entities – mainly from Russian – but there are some from other countries on the list.

The list of sanctioned persons was supplemented inter alia with several Russian payment systems, approx. 30 Russian banks and several Russian airlines.

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