July Sanctions Update: Ukraine And Iran

Since March 2014, we have been closely monitoring the developments relating to the situation in the Ukraine and reporting them as Client Alerts and blog updates.

We have set out below a summary of the recent changes in respect of the Ukraine as well as an update on the position regarding the "Joint Plan of Action" in respect of Iran.

Ukraine: EU extends list to further 11 individuals

The European Union has made further additions to the list of sanctioned parties under the regime put in place in response to the Russian Federation's actions in the Crimea ( Regulation 269/2014 and subsequent amendments).

On 12 July 2014 the European Council published Regulation 753/2014, which added an additional 11 individuals to the list of those subject to a travel ban and placed a freeze on their assets within the European Union. These individuals are:

Aleksandr Yurevich BORODAI; The so-called Prime Minister of the Donetsk People's Republic (DPR). Responsible for the separatist 'governmental' activities of the so-called government of the DPR (e.g. on 8 July stated 'our military is conducting a special operation against the Ukrainian "fascists"'). Signatory of the Memorandum of Understanding on the Novorossiya Union. Alexander KHODAKOVSKY; The so-called Minister of Security of the DPR. Responsible for the separatist security activities of the so-called government of the DPR. Alexandr Aleksandrovich KALYUSSKY; The so-called de facto Deputy Prime Minister for Social Affairs of the DPR. Responsible for the separatist 'governmental' activities of the so-called DPR. Alexander KHRYAKOV; The so-called Information and Mass Communications Minister of the DPR. Responsible for the pro-separatist propaganda activities of the so-called DPR. Marat BASHIROV; The so-called Prime Minister of the Council of Ministers of the People's Republic of Luhansk (PRL), confirmed on 8 July. Responsible for the separatist 'governmental' activities of the so-called government of the PRL. Vasyl NIKITIN; The so-called Vice Prime Minister of the Council of Ministers of the PRL, (used to be the so-called Prime Minister of the PRL, and former spokesman of the 'Army of the Southeast'). Responsible for the separatist 'governmental' activities of the so-called government of the PRL. Responsible for the statement made by 'the Army of the Southeast' announcing that the Ukrainian presidential elections in the PRL could not take place due to the 'new' status of the region. Aleksey KARYAKIN; The...