UK expands Russia sanctions regime
AI Summary
The UK expanded its Russia sanctions regime on May 20, 2026, including new prohibitions on maritime transportation of Russian liquefied natural gas (LNG). These amended regulations seek to strengthen the UK’s sanctions framework amid ongoing geopolitical tensions involving Russia.
Introduction On 20 May 2026, the UK Russia (Sanctions) (EU Exit) (Amendment) Regulations 2026 (SI 2026/543) (“Amended Regulations”) along with an Explanatory Memorandum came into force. This circular summarises the provisions of the Amended Regulations. The Amended Regulations introduce a prohibition on the maritime transportation of Russian liquefied natural gas (LNG), strengthens the UK’s ship ...