Russian oligarch Oleg Vladimirovich Deripaska and his associates Natalia Bardakova and Olga Shriki were charged with conspiring to violate the U.S. sanctions imposed on Deripaska and one of his corporations, Basic Element Limited, the U.S. Attorney's Office for the Southern District of New York announced. Shriki also was charged with obstruction of justice relating to her alleged deletion of electronic records that pertained to her participation in the sanctions evasion scheme. Charges also were levied against Ekaterina Voronina, Deripaska's girlfriend, for making false statements to government officials during her attempted entry into the U.S. to give birth to Deripaska's child.
The EU proposed a new sanctions package on Russia -- its eighth -- following Russia's escalation of its invasion of Ukraine, the European Commission announced. The restrictions would ban European companies from shipping to third countries Russian oil above an internationally set price cap, add further listings of individuals and entities, and place new import bans on Russian goods.
The U.S. and its allies should modernize the way they approach export controls and reboot regimes that have so far failed to keep China from acquiring sensitive technologies, said Mark Hewitt, Lockheed Martin’s vice president for corporate strategy. Martin, speaking during a Sept. 27 defense industry conference hosted by IDEEA, said many current export regimes are outdated.
The U.S. imposed new sanctions against Russia Sept. 30 and announced it will add 57 entities to the Entity List for supporting Russia's military amid its war in Ukraine. The sanctions target members of Russia’s military-industrial complex, including various technology and defense firms, two of Russia's international suppliers and members of Russia’s legislature, the Treasury Department said. The Entity List additions, which BIS said will take effect Sept. 30, target parties that have sought to supply Russia’s military with controlled U.S. items or are involved in the country’s quantum computing industry, the Bureau of Industry and Security said in an emailed news release. Fifty of the 57 newly added entities will be subject to BIS’ Russia/Belarus Military End User Foreign Direct Product Rule, which will limit their ability to acquire certain foreign-produced goods made by or with U.S.-origin items.
The EU is weighing the prospect of adding shipping restrictions to its oil sanctions, people familiar with the matter said, Bloomberg reported. The move comes amid discussions over the imposition of a price cap on Russian oil. The prospective shipping ban would bar EU ships from shipping Russian oil sold above a set threshold, Bloomberg reported Sept. 28. The move would most affect Greece. the the world's largest oil tanker-owning country, Bloomberg said.
As the Biden administration prepares to issue its long-awaited national security strategy, it’s also hoping to reduce barriers to sharing technology with allies and speed up its foreign military sales program, said Cara Abercrombie, a National Security Council official. Abercrombie, speaking during a Sept. 27 defense industry conference hosted by IDEEA, said she hopes these initiatives lead to more cooperation with allies, particularly as the U.S. and others continue to sanction Russia and send weapons to Ukraine.
The U.K.'s Office of Financial Sanctions Implementation assessed Hong Kong International Wine and Spirits Competition Ltd. a fine of more than $32,000 for violating sanctions pertaining to Ukraine, OFSI said in a Sept. 27 report. The penalty pertains to the company's receipt of three payments and 78 wine bottles from a designated entity which were entered into competitions from 2017 to 2020, the total value of which is estimated to be around $4,200. HKIWSC did not make any prior disclosures in the case over these payments and wine, leading to OFSI applying the full penalty amount. The sanctions agency said that it is confident that the company "either knew or had reasonable cause to suspect that it was in breach of those prohibitions."
The U.K. added 92 entries to its Russia sanctions regime, the Office of Financial Sanctions Implementation said in a Sept. 26 notice. OFSI also amended three listings under the restrictions regime and corrected one more. The additions consist of 89 individuals and three entities, which are Goznak, Russia's passport producer; Ima Consulting; and LLC Commercial Bank - International Settlements Bank. The listed individuals include businesspeople, politicians and bankers. Many employees of Sberbank and Gazprombank were listed, along with individuals appointed to positions in occupied areas of Ukraine.
The U.K. amended one entry under its Libya sanctions regime, the Office of Financial Sanctions Implementation said in a Sept. 26 notice. The entry for Yevgeniy Viktorovich Prigozhin, Russian funder and former director of the Internet Research Agency and supporter of the Wagner Group, was updated with a change in the spelling of Prigozhin's first name in Russian.
Two lawmakers are asking President Joe Biden to determine whether Russia’s imprisonment of opposition politician Vladimir Kara-Murza constitutes a human rights violation and should be met with sanctions. In a letter to Biden last week, Sens. Jim Risch, R-Idaho, and Robert Menendez, D-N.J., said Kara-Murza’s “history of defending and promoting human rights” and his opposition to the war in Ukraine may have led to assassination attempts against him in 2015 and 2017 and to his “current wrongful imprisonment.”