Canada’s Economic Sanctions Against Ukraine and Russia Extended to Additional Individuals and Entities; Oil & Gas Technology Sanctions Expected Soon

by Bennett Jones LLP
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On August 6, 2014, Canada amended the Special Economic Measures (Ukraine) Regulations and Special Economic Measures (Russia) Regulations to further expand the list of “designated persons”, both individuals and entities, with whom Canadians are prohibited from engaging in business and financial dealings.

The Prime Minister’s office also announced that the Canadian government is “committed to imposing the necessary regulations to enact export restrictions on technologies used in Russia’s oil exploration and extraction sector”. These restrictions are expected to follow soon, and likely will correspond closely with sanctions that were recently announced by the EU and the US, which focus on, in the words of the EU measures, “certain technologies suited to deep water oil exploration and production, arctic oil exploration and production or shale oil projects in Russia”. A list of the technologies targeted by the EU can be found in Annex II to EU Regulation 833/2014.

The newly sanctioned individuals and entities are as follows:

Russian Entities

  • Bank of Moscow
  • Dobrolet (also known as Dobrolyot) Airlines
  • Russian Agricultural Bank (Rosselkhozbank)
  • Russian National Commercial Bank
  • United Shipbuilding Corporation
  • VTB Bank OAO (formerly Vneshtorgbank)

Russian Individuals

  • Sergei Orestovoch BESEDA, Commander of the Fifth Service of the Russian Federal Security Service and Commander of the Service for Operational Information and International Communications of the Russian Federal Security Service
  • Aleksandr Vasilievich BORTNIKOV, permanent member of the Russian Federation’s Security Council and Director of the Russian Federal Security Service
  • Mikhail Vladimirovich DEGTYAREV, member of the State Duma
  • Mikhail Efimovich FRADKOV, permanent member of the Russian Federation’s Security Council and Director of the Foreign Intelligence Service
  • Boris Vyacheslavovich GRYZLOV, permanent member of the Russian Federation’s Security Council
  • Ramzan Akhmadovitch KADYROV, President of the Republic of Chechnya
  • Vladimir Georgyevich KULISHOV, First Deputy Director of the Russian Federal Security Service, Chief of the Border Guards
  • Konstantin Valerevich MALOFEEV, Russian business figure and financier of secessionist groups in Ukraine
  • Rashid Gumarovich NURGALIEV, permanent member and Deputy Secretary of the Russian Federation’s Security Council
  • Nikolai Platonovich PATRUSHEV, permanent member and Secretary of the Russian Federation’s Security Council
  • Nikolay Terentievich SHAMALOV, CEO and majority shareholder of Bank Rossiya
  • Igor SHCHEGOLEV, aide to the President of the Russian Federation and the former Minister of Communications and Mass Media
  • Alexander Nikolayevich TKACHYOV, Governor of Krasnodar Krai region
  • Valerii Yuriovych TRAVKIN, officer in the Main Intelligence Directorate of the General Staff of the Armed Forces of the Russian Federation

Ukrainian Entities

  • Army of the Southeast, an armed separatist group
  • Azov distillery plant, an enterprise appropriated by Crimean “authorities”
  • Donbass People’s Militia, an armed separatist group
  • Factory of sparkling wine Novy Svet, an enterprise appropriated by Crimean “authorities”
  • Federal State of Novorossiya, an unrecognized confederation of the “Donetsk People’s Republic” and the “Lugansk People’s Republic”
  • International Union of Public Associations “Great Don Army”, an armed separatist group
  • Kerch commercial seaport, a state enterprise appropriated by Crimean “authorities”
  • Kerch ferry, a state enterprise appropriated by Crimean “authorities”
  • Luhansk Guard, an armed separatist group
  • Magarach of the national institute of wine, an enterprise appropriated by Crimean “authorities”
  • National Association of producers “Massandra”, an enterprise appropriated by Crimean “authorities”
  • Sevastopol commercial seaport, a state enterprise appropriated by Crimean “authorities”
  • Sobol, an armed separatist group
  • Resort “Nizhnyaya Oreanda”, an enterprise appropriated by Crimean “authorities”
  • Universal-Avia, an enterprise appropriated by Crimean “authorities”
  • Vostok battalion, an armed separatist group

Ukrainian Individuals

  • Sergey ABISOV, “Minister of Interior” of the “Republic of Crimea”
  • Pavel Yurevich GUBAREV, a self-described leader of the “Donetsk People’s Republic”
  • Ekaterina Yurevna GUBAREVA, “Minister of Foreign Affairs” of the “Donetsk People’s Republic”
  • Boris LITVINOV, Chairman of the “Supreme Council” of the “Donetsk People’s Republic”
  • Oksana TCHIGRINA, spokesperson of the “government” of the “Luhansk People’s Republic”

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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