United Kingdom

United Kingdom

Extends the finance, shipping and trade restrictions to the Donetsk and Luhansk regions

30 Mar 2022

On 30 March 2022, the existing finance, shipping and trade restrictions in respect of Crimea were extended to the areas of the Donetsk and Luhansk regions not controlled by the Government of Ukraine. This includes the following prohibitions: - on acquiring or extending a participation in land or an entity; - on granting any loan or credit, or providing any funds, to an entity; - on establishing any joint venture in the territories; and - on providing investment services in relation to any of the above. Furthermore, the Regulations prohibit the provision to a designated person of technical assistance relating to aircraft and ships.