Japan Imposes Sanctions on Russian-Backed Separatist Entities

Economic Sanctions Targeting Russia and Ukraine

The Japanese government has announced a series of economic sanctions against entities in Russia and Ukraine deemed to be supporting separatist movements. The measures aim to restrict the flow of funds and goods between these entities and Japan.

Individuals Subject to Sanctions

Igor Antipov, Aleksei Kostrobitsky, and Leonid Pasechnik, high-ranking officials in the self-proclaimed Donetsk People’s Republic (DPR) and Luhansk People’s Republic (LPR)
Accused of playing key roles in the separatist movements

Sanctions on Russian Banks and Government Entities

Bank Rossiya: asset freeze
Japanese government bans the Government of the Russian Federation, its agencies, and the Central Bank of Russia from issuing or offering securities in Japan

Enhanced Export Controls

Under the Foreign Exchange and Foreign Trade Act and the Export Control Order:

Prohibit import and export of goods to and from Ukraine, except for cases where origin and destination are DPR or LPR
Restrict exports to Russia of items subject to international export control regimes (e.g., provision of services and goods that require licenses on a case-by-case basis)

Warning and Compliance

The Japanese government has urged all relevant parties to comply with these measures, warning that failure to do so may result in further sanctions.

Expert Advice

Hogan Lovells, an international law firm, advises clients to monitor this evolving situation closely and verify the legality of their existing sales operations. The firm’s Sanctions Navigator tool provides a comprehensive overview of sanctions regimes from various countries, including Japan.

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“We expect these initial sanctions to be extended in the near future,” said Noriko Ishifuji, author of the article. “It is crucial for businesses operating in close proximity to Russia and Ukraine to stay informed about the latest developments and ensure compliance with Japanese sanctions measures.”