State Register of Sanctions is launched in Ukraine

On 31 January 2024, the State Register of Sanctions (“Register”) was launched in Ukraine.

The Register was established pursuant to Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine on the Application of Sanctions” No. 3223-IX, dated 13 July 2023.

The Register provides free public access to the up-to-date and reliable information on entities that are subject to Ukrainian sanctions. The Register is available in both Ukrainian and English languages in a format that is searchable and accessible for automated data collection. It is also possible to download information from the Register and generate official extracts.

The National Security and Defence Council of Ukraine (“NSDC”) maintains the Register. The source of information for the Register is the NSDC’s decisions and court decisions on the application of sanctions. Information regarding the imposition, modification, or cancellation of sanctions must be recorded in the Register by the following day, which ensures that the data remains up-to-date.

We consider that the introduction of the Register streamlines and expedites the process of obtaining information for both Ukrainian and foreign entities regarding sanctions imposed by Ukraine. The Register is available via the link.

Additional notes

This LEGAL ALERT is issued to inform AVELLUM clients and other interested parties of legal developments that may affect or otherwise be of interest to them. The information above does not constitute legal or other advice and should not be regarded as a substitute for specific advice in individual cases.

For further information on the Register and other issues related to the imposition of sanctions in Ukraine, please contact partner Yuriy Nechayev.