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Russian Sanctions Resources

Last updated: 6 April 2022

FIA created this page for members as a resource for information related to the global sanctions resulting from the Russian invasion of Ukraine. The below text is a non-exhaustive list that will be updated as we learn of new materials. Nothing on this page should be taken as legal advice and members should consult their legal and other professional resources on individual needs.

Individual Notices/Updates
 

The White House

06 April 2022 // FACT SHEET: United States, G7 and EU Impose Severe and Immediate Costs on Russia
 

U.S. Department of the Treasury/ OFAC FAQs

Dedicated update page: https://home.treasury.gov/policy-issues/financial-sanctions/sanctions-programs-and-country-information/ukraine-russia-related-sanctions

8 May 2022 // U.S. Treasury Takes Sweeping Action Against Russia’s War Efforts 

23 March 2022 // FinCEN issues additional alert regarding the importance of identifying and quickly reporting suspicious transactions involving Russian elites and their proxies

11 March 2022 // Joint Statement by the G7 Announcing Further Economic Costs on Russia

11 March 2022 //  Frequently Asked Questions - Newly Added

11 March 2022 // Frequently Asked Questions - Recently Updated

11 March 2022 // OFAC - Authorizing Transactions Related to Certain Imports Prohibited by Executive Order of Mach 11, 2022

11 March 2022 // OFAC - Authorizing U.S. Dollar-Denominated Banknote Noncommercial, Personal Remittances Prohibited by Executive Order of March 11, 2022

11 March 2022 // OFAC - Authorizing Transactions Related to Personal Maintenance of U.S. Individuals Located in the Russian Federation Prohibited by Executive Order of March 11, 2022

11 March 2022 // OFAC - GENERAL LICENSE NO. 23 Certain Transactions in Support of Nongovernmental Organizations’ Activities

07 March 2022 // FinCEN Advises Increased Vigilance for Potential Russian Sanctions Evasion Attempts

02 March 2022 // 1,009. Does Executive Order (E.O.) 14065 block the entire Donetsk and Luhansk oblasts?

02 March 2022 // 1,008. Is there a wind-down period for the prohibitions imposed in Executive Order (E.O.) 14065?

02 March 2022 // 1,007. Are U.S. persons authorized to engage in certain activity with the so-called Donetsk People’s Republic and Luhansk People’s Republic regions of Ukraine or such other regions of Ukraine as may be determined by the Secretary of the Treasury, in consultation with the Secretary of State (collectively, the “Covered Regions)?

02 March 2022 // 1,006. What does Executive Order (E.O.) 14065 do?
 

UK Authorities

ESMA

14 March 2022 // ESMA Coordinates Regulatory Response To The War In Ukraine And Its Impact On Eu Financial Markets

HM Treasury (OFSI)
i.      Financial sanctions, Russia (here) and Guidance (here) and (here)
ii.      UK General Licenses issued by OFSI (here
FCA
i.      Events in Ukraine – impact on financial markets (here)
ii.      New financial sanctions measures in relation to Russia (here)

EU Authorities

Changes to the Russia/Ukraine Regulations as of 21 April 2022 

Council Implementing Regulation (EU) 2022/427 of 15 March 2022 implementing Regulation (EU) No 269/2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine

Council Regulation (EU) 2022/428 of 15 March 2022 amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine

Council Decision (CFSP) 2022/429 of 15 March 2022 amending Decision 2014/145/CFSP concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine

Council Decision (CFSP) 2022/430 of 15 March 2022 amending Decision 2014/512/CFSP concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine

EU restrictive measures in response to the crisis in Ukraine (here)
Infographic - EU sanctions against Russia over Ukraine (here)
Timeline - EU restrictive measures in response to the crisis in Ukraine (here)

CME

07 March 2022 // SER-8947: Suspension of Approved Status for Warranting and Delivery of Certain Gold and Silver Brands

Eurex

04 March 2022 // Eurex Circular 028/22 Equity derivatives: Termination of trading in equity derivatives on Russian underlyings – Details for the Fair Value Settlement

04 March 2022 // Index derivatives: Termination of trading in RDX® USD Index Derivatives – Details for the Fair Value Settlement

04 March 2022 // Index derivatives: Termination of trading in RDX® USD Index Derivatives – Details for the Fair Value Settlement

03 March 2022 // 026/2022 Equity index derivatives: Termination of trading in MSCI Russia futures (FMRU, FMRS)

02 March 2022 // 025/2022 Index derivatives: Update on on MSCI Russia Index Derivatives

02 March 2022 // 011/2022 Index derivatives: Update on MSCI Russia Index Derivatives (Clearing)

02 March 2022 // 024/2022 Index Derivatives: Termination of trading in RDX® USD Index Derivatives

28 February 2022 // Update on Eurex single stock derivatives on Russian underlyings (including ADRs)
 

EEX

10 March 2022 // The importance of keeping energy markets open in times of turmoil

Euronext

07 March 2022 // Euronext response to current situation

ICE

04 March 2022 // 22-008 REMINDER: CLEARING MEMBER KYC/AML RESPONSIBILITIES RELATED TO RUSSIAN SANCTIONS

04 March 2022 // Reminder: KYC/AML Responsibilities Related to Russian Sanctions

04 March 2022 // Circular 22/003 Sanctions relating to the Russian invasion of Ukraine

03 March 2022 // Circular 22/029 Sanctions relating to the Russian invasion of Ukraine

03 March 2022 // Circular C22/027 ICE Clear Europe: Sanctions relating to the Russian invasion of Ukraine

03 March 2022 // NOTICE NO. CA/2022/102/Lo Sberbank Rossii PAO ADR - Delisting

03 March 2022 // NOTICE NO. CA/2022/104/Lo PJSC Lukoil ADR - Delisting

03 March 2022 // NOTICE NO. CA/2022/105/Lo PJSC MMC Norilsk Nickel ADR - Delisting

02 March 2022 // NOTICE NO. CA/2022/099/Lo Russian Single Stock Derivatives - Delisting

02 March 2022 // NOTICE NO. CA/2022/098/Lo Russian Single Stock Derivatives - Delisting

02 March 2022 // NOTICE NO. CA/2022/103/Lo Gazprom (PAO) ADR - Delisting

02 March 2022 // NOTICE NO. CA/2022/100/Lo Russian Single Stock Derivatives - Delisting
 

LCH

03 March 2022 // Default – VTB Capital PLC
 

LME  

Latest from LME: https://www.lme.com/News

Dedicated Update Page: https://www.lme.com/en/Company/Legal/russian-sanctions

04 May 2022 // Suspension of Warranting of Russian Lead Brands 

08 March 2022 // 22 052 Suspension of LME Nickel Market (PDF)

08 March 2022 // 22 053 Nickel Suspension - Further Information - Delivery Deferral and Trade Cancellation (PDF)

24 February 2022 // 22 049 Russian Sanctions - Further Updates (PDF)

24 February 2022 // 22 048 Russian Sanctions - Updates (PDF)
 

SGX

07 March 2022 // Regulator's Column: What SGX expects of issuers in respect of sanctions-related risks, subject or activity

06 March 2022 // Sanctions and Restrictions against Russia in Response to Its Invasion of Ukraine