Draft Russian Bill criminalises compliance with Western sanctions

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On 14 May 2018, the Russian State Duma was presented with Draft Bill No. 464757-7 “On Amendments to the Criminal Code of the Russian Federation”, which, if passed, will make it a criminal offence for Russians to:

  1. Fulfil/comply with US and/or other foreign state sanctions against Russia, if such actions restrict/deny Russian citizens and entities the performance of ordinary business operations or transactions (liability for this crime to range from a fine of up to RUB 600,000 to up to 4 years’ imprisonment with a fine of up to RUB 200,000); or
  1. Aid/abet/contribute to the imposition of US and/or other foreign state sanctions against Russia (includes advising or providing information that leads to the imposition of such sanctions) (liability for this crime to range from a fine of up to RUB 500,000 to up to 3 years’ imprisonment with a fine of up to RUB 200,000).

Yesterday (15 May 2018), the Draft Bill was unanimously approved by the State Duma in its first reading, and is due to have its second reading tomorrow.

This entry was posted in Russia, USA by Maya Lester QC. Bookmark the permalink.

About Maya Lester QC

Maya Lester QC has a wide ranging practice in public law, European law, competition law, international law, human rights & civil liberties. She has a particular expertise in sanctions. As the most recent (2016) Chambers & Partners directory put it, she "owns the world of sanctions". She spent 2011-12 in New York at Columbia Law School lecturing and writing on sanctions. She represents and advises hundreds of companies and individuals before the European and English courts and has acted in most of the leading cases, including Kadi, Tay Za, Central Bank of Iran, NITC and IRISL.

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