Sanctions Tracker – UK Trade Sanctions Enforcement Updates

In this post we bring you a round-up of recent developments relating to the enforcement of UK trade sanctions breaches, together with news of further Russia-related designations

HMRC enters into compound settlement re Russia sanctions breach

HMRC has announced a compound settlement of £569,157.07 with Petrofac Facilities Management Limited (PFML) in relation to the making available of sanctioned goods to a person connected with Russia (PCWR) and for use in Rusia, together with the provision of associated technical assistance. The goods in question were industrial goods, defined as G7 Dependency and Further Goods under the Russian (Sanctions) (EU Exit) Regulations 2019 (the Russia Regulations). The breaches in question occurred when PFML was divesting its operations in Russia following the invasion of Ukraine.