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 one individual who remain subject to asset freezing measures.
#### The amendments concern the following person and read as follows:
**OVSYANNIKOV, Dmitry Dmitrii Vladimirovich
Name (non-Latin script): Дмитрий Владимирович Овсянников DOB: 21/02/1977. POB: Omsk, USSR (now Russian Federation) a.k.a: (1) OVSIANNIKOV, Dmitrii Vladimirovich (2) OVSIANNIKOV, Dmitry, Vladimirovich (3) OVSYANNIKOV, Dmitry, Vladimirovich Nationality: Russia Position: (1) Former Governor of the City of Sevastopol (2) Later Deputy Minister of Trade and Industry of the Russian Federation Other Information: (UK Sanctions List Ref):RUS0045. Financial sanctions imposed in addition to an asset freeze: Trust services. Date trust services sanctions imposed: 21/03/2023. (UK Statement of Reasons):Ovsyannikov was the Governor of Sevastopol, appointed as acting Governor of Sevastopol by President Putin in July 2016 and elected in the elections of 10 September 2017, organised by the Russian Federation in the illegally annexed city of Sevastopol. In this capacity, he worked for further integration of the illegally annexed Sevastopol region into the Russian Federation, and was as such responsible for actively supporting or implementing actions or policies which undermine or threaten the territorial integrity, sovereignty and independence of Ukraine. He served until 2019 and was then appointed as Deputy Minister of Industry and Trade of the Russian Federation until April 2020. Dmitrii Vladimirovich Ovsyannikov (hereafter OVSYANNIKOV) is an involved person under the Russia (Sanctions) (EU Exit) Regulations 2019 on the basis of the following grounds: (1) OVSYANNIKOV has been obtaining a benefit from or supporting the Government of Russia by working for the Government of Russia, as a regional Governor of the City of Sevastopol (2016-2019) and as a Deputy Minister of a Ministry of the Russian Federation (2019-2020). (2) OVSYANNIKOV has been involved in destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine by being responsible for, engaging in, providing support for, and promoting policies and actions which destabilise Ukraine or undermines or threatens the territorial integrity, sovereignty or independence of Ukraine. (Gender):Male Listed on: 21/11/2017 UK Sanctions List Date Designated: 31/12/2020 Last Updated: 21/03/2023 07/07/2023 Group ID: 13558.
The new consolidated Russia sanctions list may be accessed via this link.