Introduction

The United Kingdom impose several sanctions on persons, legal entities, and government officials to encourage Russia to respect the territorial integrity of Ukraine. The UK impose financial, trade, immigration and shipping sanctions, and they are regulated in the Russia (Sanctions) (EU Exit) Regulations 2019 (the ‘Regulations’).

The Regulations apply within the territory of the UK. Moreover, all UK persons are obliged to conduct these sanctions regardless of their location. British nationals, companies established in the UK and their overseas branches, and bodies constituted under UK law are assessed as UK persons and they are compelled by the Regulations. Additionally, the Regulations prohibit participating in any activity which may directly or indirectly circumvent the prohibitions. In the Regulations, penalties and offences are established in order to ensure their application.