BIFA would like to remind Members’ about an updated list of sanctions applying to products originating in Russia.
The December amendments to the Russia (Sanctions) (EU Exit) Regulations 2019 (“regulations”) introduced restrictions on UK persons acquiring, importing, supplying and delivering Russian-origin:
- Metals (e.g. copper, nickel, aluminium lead and many more and articles thereof)
- Diamonds and diamond jewellery.
A link to the updated guidance on sanctions can be found here and specific guidance on restrictions on trading Russian-originating metals can be found here – Russian metals sanctions: overview – GOV.UK (www.gov.uk).
