Six Individuals Added to Ukraine Sanctions List

Summary#

These final regulations, SOR/2020-15, amend the Special Economic Measures (Ukraine) Regulations by adding six people to Canada’s list of sanctioned individuals. The amendment was registered on January 29, 2020 and published in the Canada Gazette on February 19, 2020; it came into force on registration and applies even before publication.

What it does#

• Adds six individuals to Part 1 of the schedule to the Special Economic Measures (Ukraine) Regulations:
  • Yekaterina (Ekaterina) Borisovna ALTABAEVA
  • Vladimir Vladimirovich NEMTSEV
  • Mikhail Vladimirovich RAZVOZHAEV
  • Sergei (Sergey) Andreyevich DANILENKO
  • Yekaterina (Ekaterina) Eduardovna PYRKOVA
  • Lidia (Lydia) Aleksandrovna BASOVA
• Confirms the amendments apply from the day they were registered (so they were effective on January 29, 2020), even though the public notice came later.
• Restates that the listing is part of Canada’s response to Russia’s actions in Ukraine and aligns with similar measures by partners.

Who's affected#

• The six named individuals (now subject to Canada’s sanctions list).
• People and businesses in Canada and Canadians outside Canada who might hold assets of, deal with, or provide services to those named.
• Financial institutions and payment processors in Canada, which must update screening systems and block prohibited transactions.
• The Royal Canadian Mounted Police, which enforces compliance.
• The Minister of Foreign Affairs and Global Affairs Canada, which administer sanctions and issue permits in exceptional cases.
• It is likely that most ordinary Canadians will not notice any change, since the government expects the listed people have limited ties to Canada.

Why it matters#

• Being on the list means a person’s property and certain dealings with them are generally frozen or banned in Canada. That can prevent them from using Canadian bank accounts, receiving funds or doing business through Canada.
• Banks and other businesses must screen for these names; that can cause small compliance costs and may delay transactions if a match is suspected.
• The listings are a diplomatic tool: they signal Canada’s non-recognition of Russia’s annexation of Crimea and keep Canadian policy aligned with allies.