Russian Association of Employers The Russian Union of Industrialists and Entrepreneurs

Asset freeze, trust services sanctions and director disqualification sanction

The Russian Union of Industrialists and Entrepreneurs is an involved person under the Russia (Sanctions) (EU Exit) Regulations 2019 on the basis of the following grounds: (1) The Russian Union of Industrialists and Entrepreneurs is and has been involved in obtaining a benefit from or supporting the Government of Russia by carrying on business in sectors of strategic significance to the Government of Russia, namely the Russian transport, extractives, energy and financial services sectors; and (2) The Russian Union of Industrialists and Entrepreneurs is acting on behalf of or at the direction of persons who are or have been involved in obtaining a benefit from or supporting the Government of Russia.

Programme GB-RUSReference RUS2006Reference 16214Last updated 9 Apr 2025gov.ukgov.uk

Prohibition/Restriction

Redacted for Security Reasons

sam.gov

1, Part 2

Programme CA-SEMAReference 718international.gc.cainternational.gc.ca

RUSSIA-EO14024 and block

Secondary sanctions risk: See Section 11 of Executive Order 14024.

Executive Order 14024 (Russia)

Programme US-RUSHARReference 44317treasury.govofac.treasury.gov

Canada is imposing sanctions against entities engaged in the confiscation and redistribution of property and assets of foreign companies in Russia as punishment for their criticism of its unjustified war against Ukraine, and against foreign financial institutions and foreign branches of Russian banks who continue to help Russia move funds out of the country. Canada is also sanctioning entities in the oil and gas industry who are enabling Russia’s shadow fleet activities (shipping, insurance, operators).

Programme CA-SEMAinternational.gc.cainternational.gc.ca