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ARTICLE · 06 JULY 2023

UK Sanctions Update – June 2023

K&L Gates
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The United Kingdom export control authorities continue escalating sanctions and export controls in relation to Russia and Belarus.

United KingdomInternational Law

The United Kingdom export control authorities continue escalating sanctions and export controls in relation to Russia and Belarus. We have summarised below the key points from some of the most recent developments and provided guidance on what actions firms should be taking in response.

RUSSIA SANCTIONS

Notice to Exporters: Trade Sanctions Circumvention

On 22 May 2023, the United Kingdom Export Control Joint Unit issued a notice to exporters (the Notice) aimed at preventing circumvention of Russia-related trade sanctions, export controls, and other restrictive measures, as well as increasing awareness of risks and obligations for traders dealing with sanctioned goods.

The Notice highlights that companies should carefully consider key risks when trading, in particular during their due diligence process. It states that a robust due diligence exercise together with continuous internal governance of sanctions are essential in order for companies to satisfy

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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