Statutory guidance: Russia sanctions: guidance

Statutory guidance for the Russia sanctions regime, plus a summary of its purposes, scope and prohibitions.

The Russia (Sanctions) (EU Exit) Regulations 2019, and certain other regulations, are in force to meet the UK’s policy objectives. 

This summary gives a quick overview of the sanctions in place under the regime. It is not comprehensive and is not a replacement for the statutory guidance or the regulations themselves. 

The Russia sanctions are broad in scope. 

The UK Sanctions List tells you who is designated under the regime and which sanctions have been applied to them. A designated person can be an individual, a business or an organisation.  

The statutory guidance lists in detail the sanctions that can apply in respect of designated persons, including: 

Under this regime, ships can also be subject to sanctions, if they are specified on the UK Sanctions List or have certain connections with Russia or with persons designated for that purpose. 

As well as the sanctions that apply only in respect of designated persons, there are wider sanctions that apply to certain activities with links to Russia, including in respect of ‘persons connected with Russia’ (note ‘persons’ includes business and organisations) and with respect to land in Russia or in non-government controlled Ukrainian territory.  

These sanctions include certain investment restrictions, a ban on loans and credit, and a ban on insurance and reinsurance. 

Certain financial dealings with sanctioned Russian banks and financial organisations, and with the Government of Russia are also prohibited. It’s also illegal to provide them with certain financial services. 

You must not provide certain professional services to ‘persons connected with Russia’.