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Finance Division

 

What are sanctions?

Sanctions are restrictive measures that can be put in place to fulfil a range of purposes. In the UK, these purposes include complying with UN and other international obligations, supporting foreign policy and national security objectives, as well as maintaining international peace and security.

Sanctions can include trade restrictions, asset freezes and travel bans.

Sanctions lists are regularly updated and cover individuals and entities from around the world, across a variety of sectors with different rules for different regimes. Further information about general sanctions can be found here.


Sanctions on Russia, Belarus and non-government controlled Ukraine territory, including Crimea

Following the invasion of Ukraine, the UK government imposed further sanctions on many individuals and organisations linked to Russia, Belarus, and non-government controlled Ukraine territory, including Crimea.

In addition to the financial sanctions, export controls, and specific import restrictions from these territories are also in place.

There is also an increased risk of sanctions being imposed in the future on individuals or entities where there are grounds to suspect they are an ‘involved person’. 

Triage group: support for departments and institutions  

A new triage group has been created to support departments and institutions if they have any connections to Russia, Belarus or non-government controlled Ukrainian territory, including Crimea or associations with individuals or organisations from or connected with these regions, through their day-to-day business.  

The triage group includes members of the Finance Division and Legal Services Division and has links with Research Operations Office (ROO), the University’s Import and Export Hub and Cambridge University Press and Assessment (CUP&A). 

The triage group can be contacted by emailing the Finance Division helpdesk at UFS_enquiries@admin.cam.ac.uk. When emailing the helpdesk, please also be prepared to provide the following information: 

  • full names (and any known aliases) of all parties or entities  
  • the nature and details of the transaction/connection e.g. 
    • details of any goods or services, reason for reimbursement  
    • has this already occurred or is it planned for the future 
    • dates of delivery and how shipped/provided 
    • where they have been performed or shipped to/from  
  • any existing contracts  
  • estimate of values involved  
  • proposed methods of funds transfers including bank and account names 

Any other information that may be of use.

For more information on sanctions in general:
Financial sanctions

University Triage Group for sanctions re Russia, Belarus and non-government Ukraine teritory including Crimea (see above)

Check the Office of Financial Sanctions Implementation (OFSI) list 

See the Government’s lists of Financial sanctions targets by regime. 

Trade sanctions

For any exports or sales of services contact the Export Controls Team, in the Research Operations Office and refer to ROO sanctions guidance

For imports please contact the University’s Import Export Hub at importexporthub@admin.cam.ac.uk  

General guidance regarding UK sanctions 

 

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