EU Adds Individuals and Entities to Sanctions List and

IRB No. 525
To: Our Clients and Friends
July 28, 2014
EU Adds Individuals and Entities to Sanctions List and Expands Grounds for
Sanctions
On July 25th, the European Union added 15 individuals and 18 entities to the EU list of sanctions targets.
The 15 new named individuals are a mix of Russian officials and Ukrainian separatists accused of
supporting actions and policies which undermine the territorial integrity, sovereignty and independence of
Ukraine. Nine of the entities were named for “undermining the territorial integrity, sovereignty and
independence of Ukraine” and include the self-proclaimed Lugansk and Donetsk “People’s Republics”
and other separatist militias and organizations. The other nine entities were named as “entities whose
ownership has been transferred contrary to Ukrainian law,” all located in Crimea.
Accordingly, all funds and economic resources belonging to, or owned or controlled by, these individuals
and entities are required to be frozen, and no funds or economic resources may be made available,
directly or indirectly to or for their benefit. These obligations and prohibitions apply:
 within the EU
 to natural persons who are nationals of any EU member state, wherever such persons are located
 to legal persons, entities or bodies, wherever located, that are incorporated or constituted in any
EU member state
 to any legal persons, entities or bodies in respect of their business done in whole or in part in the
EU.
The newly sanctioned entities and individuals are as follows:
Entities:
ARMY OF THE SOUTHEAST
AZOV DISTILLERY PLANT (a.k.a. Crimean enterprise ‘Azov distillery plant’)
DONBASS PEOPLE'S MILITIA
DONETSK PEOPLE'S REPUBLIC
FEDERAL STATE OF NOVOROSSIYA
GREAT DON ARMY (a.k.a. International Union of Public Associations Great Don Army)
KERCH COMMERCIAL SEA PORT (a.k.a. State enterprise ‘Kerch commercial sea port’)
KERCH FERRY (a.k.a. State ferry enterprise ‘Kerch ferry’)
LUGANSK GUARD
LUHANSK PEOPLE'S REPUBLIC (a.k.a. Lugansk People's Republic; a.k.a. People's Republic Of
Luhansk)
MAGARACH (a.k.a. ‘State enterprise Magarach of the national institute of wine’)
MASSANDRA (a.k.a. State concern ‘National Association of producers “Massandra”’)
NIZHNYAYA OREANDA (a.k.a. Resort ‘Nizhnyaya Oreanda’)
NOVY SVET (a.k.a. State enterprise ‘Factory of sparkling wine Novy Svet’)
SEVASTOPOL COMMERCIAL SEAPORT (a.k.a. State enterprise ‘Sevastopol commercial seaport’)
SOBOL
UNIVERSAL-AVIA (a.k.a. State enterprise Universal-Avia)
VOSTOK BATTALION
Individuals:
ANTYUFEYEV, Vladimir (aka Vladimir SHEVTSOV, Vladimir Iurievici ANTIUFEEV, Vladimir
Gheorghievici ALEXANDROV, Vadim Gheorghievici SHEVTSOV)
BEREZIN, Fedir Dmytrovych
BESEDA, Sergey (a.k.a. BESEDA, Sergei; a.k.a. BESEDA, Sergei Orestovoch)
BORTNIKOV, Aleksandr Vasilievich
DEGTYAREV, Mikhail Vladimirovich
FRADKOV, Mikhail Efimovich
GRYZLOV, Boris Vyacheslavovich
GUBAREV, Pavel
GUBAREVA, Ekaterina
KADYROV , Ramzan Akhmadovitch
KAUROV, Valery Vladimirovich
NURGALIEV, Rashid Gumarovich
PATRUSHEV, Nikolai Platonovich
TKACHYOV, Alexander Nikolayevich
ZDRILIUK, Serhii Anatoliyovych
At the same time, the European Council issued a Decision expanding the grounds on which sanctions
could be imposed to include “legal persons, entities or bodies supporting, materially or financially, actions which
undermine or threaten the territorial integrity, sovereignty and independence of Ukraine; … or natural and legal persons,
entities and bodies actively supporting, materially or financially, or benefiting from, Russian decision-makers responsible for
the annexation of Crimea or the destabilisation of Eastern Ukraine”.
It is reportedly anticipated that individual “cronies” of President Putin will be added to the EU list
shortly. Numerous reports have indicated that the EU is considering broader sectoral sanctions, and
draft legislation is now under consideration. This draft legislation would bar Europeans from investing in
new debt or equity issued by state-owned Russian banks (50% or more owned by the Russian
government), which constitute most of the largest financial institutions in the country, effectively denying
them access to the European capital markets. The United States Sectoral Sanctions Identification List has
already targeted two Russian banks with this type of sanction. The draft legislation would also prevent
the export of certain key energy technologies. An arms embargo and restrictions on exports of dual-use
items for military use are also reportedly under consideration. The 28 member state ambassadors are
continuing their meetings this week to discuss.
Despite reported disagreements among the EU member states as to the scope of proposed broader
sanctions, as the situation in Ukraine appears to heat up, continued vigilance to changes in the sanctions
regimes remains the order of the day.
___________________________________________
Prepared by:
Anita Esslinger (Washington DC and London)
202 508-6333 +44 20 3207 1224
[email protected]
Lloyd Grove (Washington DC)
202-508-6227
[email protected]
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