Dear clients!
We would like to bring to your attention information about new sanctions prohibitions and restrictions imposed by the USA as of 15 January 2025:
1. BANKS. Keremet Bank OJSC, Kyrgyz Republic, was added to the blocking sanctions list of the USA.
2. ORGANISATIONS. The following legal entities were added to the US blocking sanctions list: Voentorg JSC, Zaporizhzhia Nuclear Power Plant (NPP), Patriot Exhibition and Convention Centre, Central Research Institute of Mechanical Engineering in Korolev, UMK-Stal LLC, Tactical Missile Armament Corporation JSC, etc.
3. INDIVIDUALS. Along with legal entities, the US blocking sanctions list also includes individuals - Vladislav Vasilyev Isayev, head of Zaporizhzhia NPP, Li Fangyue (associate of Rockem Service LLC), Sergey Savchenko (associate of Berd Electromechanical Plant). Individuals, residents and citizens of the Republic of Kazakhstan, are not included in the latest package of US sanctions.
4. LICENSES. 3 general licences have been issued allowing the completion of transactions and deals involving certain sanctioned persons such as Nadezhdinsky Metallurgical Plant, UMK-Stal LLC, Keremet Bank OJSC and other entities and their subsidiaries until March 1, 2025. (wind down period). The ‘wind down period’ is not applicable to transactions involving sanctioned persons conducted through accounts opened with the Bank.