On 30 September, the Export Control Joint Unit (ECJU) of the Department for Business & Trade published a notice NTE 2024/26: update on Russia sanctions licencing for intra-corporate services.
The Notice states that from 31 October 2024 the provision of intra-corporate services is no longer going to constitute a licencing ground for the purpose of the UK sanctions regime against Russia.
For any companies that are willing to provide intra-corporate services to their subsidiaries based in Russia, a licence application should be made, indicating how the provision of any ongoing services aligns with the purposes of sanctions regulations as provided in the regulation 4 of the Russia (Sanctions) (EU Exit) Regulations 2019.
This change would not affect licence applications submitted before 31 October 2024.
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