Financial sanctions, Russia

The Office of Financial Sanctions Implementation (OFSI) has published a new Financial Sanctions Notice regarding sanctions measures with respect to persons and entities involved in or supportive of Russia’s action to destabilize Ukraine and threatening the sovereignty and independence of the country pursuant to Statutory Instrument SI 2019/855, the „Russia (Sanctions) (EU Exit) Regulations 2019“. Specifically, the OFSI informs that it has updated its sanction list by amending the records of three individuals and one entity which all remain subject to asset freezing measures.
#### The amendments concerns the following persons and read as follows:
KLEBANOV, Ilya Iosifovich
Name (non-Latin script): Илья Иосифович Клебанов
DOB: 05/07/1951. 07/05/1951 POB: St Petersburg, Russia Position: Member of the Board of Directors, Transneft Other Information: (UK Sanctions List Ref):RUS1864. Financial sanctions imposed in addition to an asset freeze: Trust services. Date trust services sanctions imposed: 18/05/2023. (UK Statement of Reasons):Ilya Iosifovich KLEBANOV is an “involved person” under the Russia (Sanctions) (EU Exit) Regulation 2019 because: he works as a director or equivalent of a person (other than an individual) which is carrying on business in a sector of strategic significance to the Government of Russia, namely Transneft, which is carrying on business in the Russian energy sector. (Gender):Male Listed on: 19/05/2023 UK Sanctions List Date Designated: 18/05/2023 Last Updated: 19/05/2023 22/05/2023 Group ID: 15921.
LEPIN, Vladimir Nikolaevich
Name (non-Latin script): ЛЕПІН Володимир Миколайович
DOB: 28/07/1959. POB: Tambov, Russia Nationality: Russia Position: Director General of JSC Concern Kalashnikov Other Information: (UK Sanctions List Ref):RUS1913.
Financial sanctions imposed in addition to an asset freeze: Trust services. Date trust services sanctions imposed: 18/05/2023. (UK Statement of Reasons):Vladimir Nikolaevich LEPIN („LEPIN“) is an “involved person” under the Russia (Sanctions) (EU Exit) Regulations 2019 (the „Russia Sanctions Regulations“) because LEPIN is and has been involved in supporting the Government of Russia by working as a director or equivalent of a Government of Russia affiliated entity carrying on business in a sector of strategic significance to the Government of Russia, namely JSC Concern Kalashnikov
(„Kalashnikov“) which operates within the Russian defence sector. (Gender):Male Listed on: 19/05/2023 UK Sanctions List Date Designated: 18/05/2023 Last Updated: 19/05/2023 22/05/2023 Group ID: 15969. — please note: only the non-Latin script name has been changed
SHANTSEV, Valery Pavlinovich
Name (non-Latin script): Валерий Павлинович Шанцев
DOB: 22/03/1947. 29/06/1947 POB: Susanino, Kostroma Oblast, Russia Position: Member of the Board of Directors, Transneft Other Information: (UK Sanctions List Ref):RUS1863. Financial sanctions imposed in addition to an asset freeze: Trust services. Date trust services sanctions imposed: 18/05/2023. (UK Statement of Reasons):Valery Pavlinovich SHANTSEV is an “involved person” under the Russia (Sanctions) (EU Exit) Regulation 2019 because: she works as a director or equivalent of a person (other than an individual) which is carrying on business in a sector of strategic significance to the
Government of Russia, namely Transneft, which is carrying on business in the Russian energy sector. (Gender):Male Listed on: 19/05/2023 UK Sanctions List Date Designated: 18/05/2023 Last Updated: 19/05/2023 22/05/2023 Group ID: 15920.
#### The amendments concerns the following entity and read as follows:
AFK SISTEMA
Name (non-Latin script): ПУБЛИЧНОЕ АКЦИОНЕРНОЕ ОБЩЕСТВО «АКЦИОНЕРНАЯ ФИНАНСОВАЯ КОРПОРАЦИЯ «СИСТЕМА»
Address: 35,1905, GODA STREET, PERM, Russia, 614014. 13/1, Mokhovaya St., Moscow, Russia, 125009 Other Information: (UK Sanctions List Ref):RUS1926. Financial sanctions imposed in addition to an asset freeze: Trust services. Date trust services sanctions imposed: 18/05/2023. (UK Statement of Reasons):PUBLIC JOINT STOCK COMPANY “JOINT STOCK FINANCIAL CORPORATION “SYSTEM” (AFK SISTEMA) is an involved person under the Russia (Sanctions) (EU Exit) Regulations 2019 because: (1) it is, and has been, involved in destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine because it makes available goods and technology that could contribute to this, namely by supplying military equipment used by the Armed Forces of the Russian Federation; and (2) it is, and has been, involved in obtaining a benefit from and supporting the Government of Russia by carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian construction, defence, electronics, energy, extractives, financial services and information, communications and digital technologies sectors. (Phone number): +7 (342) 260-73-01 +7 (495) 737-01-01 (Website): www.mz.perm.ru https://sistema.com (Email address): mz1@mz.perm.ru (Business Reg No): TIN – 5906009273 TIN – 7703104630 Listed on: 19/05/2023 UK Sanctions List Date Designated: 18/05/2023 Last Updated: 19/05/2023 22/05/2023 Group ID: 15982.
The new consolidated Russia sanctions list may be accessed via this link.