ARTICLE
16 March 2026

UK Weekly Sanctions Update - Week Of March 2, 2026

MB
Mayer Brown

Contributor

Mayer Brown is an international law firm positioned to represent the world’s major corporations, funds, and financial institutions in their most important and complex transactions and disputes.
In this weekly update, we summarise the most notable updates in the UK sanctions world. If you have any questions in respect of any of the developments set out below...
United Kingdom International Law

In this weekly update, we summarise the most notable updates in the UK sanctions world. If you have any questions in respect of any of the developments set out below, please do not hesitate to contact a member of our London Global and Government Trade team listed above.

Russia Sanctions

  • UK Government amends one entry on the UK sanctions list under the Russia sanctions regime: On March 6, 2026, the FCDO amended the entry for OJSC Keremet Bank under the Russia sanctions regime. This entity is still subject to an asset freeze. (Sanctions Notice).
  • UK Government removes one entry from the UK sanctions list under the Russia sanctions regime: On March 2, 2026, the FCDO removed John Ormerod from the UK sanctions list under the Russia regime. (https://assets.publishing.service.gov.uk/media/69a5a6e846e50eda5c46b59a/Sanctions_Notice__Russia__2_March_2026.pdf).
  • UK Government publishes overview of 2025 Russia sanctions: On February 27, 2026, the House of Commons Library published a research briefing providing an overview of UK and EU sanctions imposed on Russia since January 2025. The briefing noted that the UK government would introduce new legislation to target sanctions evasion and the export of goods to third countries which are then re-directed to Russia, a maritime services ban related to the export of Russian Liquefied Natural Gas (and possibly a full maritime services ban in relation to Russian crude oil and oil-related products), and an import ban on oil products refined in third countries made from Russian‑origin crude. (https://commonslibrary.parliament.uk/research-briefings/cbp-10342/).

Belarus Sanctions

Other

  • UK Government removes one entry under the ISIL (Da'esh) and Al-Qaida sanctions regime: On March 2, 2026, the FCDO removed AL-NUSRAH FRONT FOR THE PEOPLE OF THE LEVANT from the UK sanctions list under Isil (Da'esh) and Al-Qaeda (United Nations Sanctions) (EU Exit) Regulations 2019.
  • UK Government publishes Notice to Importers NTI 2956 regarding equipment that may be used for torture: On March 2, 2026,the Import Controls Policy and Licensing team published Notice to Importers NTI 2956 outlining that certain are subject to a UK import ban or licensing requirement due to their potential use as “torture equipment” under Assimilated Regulation (EU) 2019/125. (https://www.gov.uk/government/publications/notice-to-importers-2956-import-of-equipment-that-could-be-used-for-torture/nti-2956-import-of-equipment-that-could-be-used-for-torture).
  • UK Government publishes blog post on how OFSI prioritises sanctions licence applications: On February 27, 2026, OFSI published a blog post on how it prioritises applications for sanctions licences. OFSI classifies applications as high, medium, or low priority based on seven licensing criteria. (https://ofsi.blog.gov.uk/2026/02/27/how-ofsi-prioritises-licence-applications/).
  • Roundup of evidence presented to Parliament on UK trade sanctions regime: On February 25, 2025, the UK Government’s Business and Trade Sub‑Committee on Economic Security, Arms and Export Controls (BTC) heard evidence on the UK’s trade sanctions regime. Witnesses included the Minister of State for Trade, the Deputy Director for the Office of Trade Sanctions Implementation and the Deputy Director for Russia and Belarus Sanctions at the FCDO. The transcript is now available. (https://committees.parliament.uk/oralevidence/17234/html/),

Visit us at mayerbrown.com

Mayer Brown is a global services provider comprising associated legal practices that are separate entities, including Mayer Brown LLP (Illinois, USA), Mayer Brown International LLP (England & Wales), Mayer Brown (a Hong Kong partnership) and Tauil & Chequer Advogados (a Brazilian law partnership) and non-legal service providers, which provide consultancy services (collectively, the "Mayer Brown Practices"). The Mayer Brown Practices are established in various jurisdictions and may be a legal person or a partnership. PK Wong & Nair LLC ("PKWN") is the constituent Singapore law practice of our licensed joint law venture in Singapore, Mayer Brown PK Wong & Nair Pte. Ltd. Details of the individual Mayer Brown Practices and PKWN can be found in the Legal Notices section of our website. "Mayer Brown" and the Mayer Brown logo are the trademarks of Mayer Brown.

© Copyright 2026. The Mayer Brown Practices. All rights reserved.

This Mayer Brown article provides information and comments on legal issues and developments of interest. The foregoing is not a comprehensive treatment of the subject matter covered and is not intended to provide legal advice. Readers should seek specific legal advice before taking any action with respect to the matters discussed herein.

[View Source]

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More