Chairman of the Board of Directors at Magnitogorsk Iron & Steel Works (MMK)
Full name/Name
РАШНИКОВ Виктор Филиппович
Type
Non-Latin script
Remark
Language: Russian
Citizenships (1)
Country
Russian Federation
Birth data (1)
Birthdate
Place
Moscow
Country
Russian Federation
Notes (3)
Designated for the purposes of an asset freeze and a travel ban under the Russia (Sanctions) (EU Exit) Regulations 2019. The designation is made as a designation by name under the urgent procedure. The relevant provision by reference to which the Minister considers that condition B is met is the European Union’s Council Decision 2014/145/CFSP (as amended) concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine, and Council Regulation (EU) No 269/2014. The purposes of this provision correspond or are similar to the purposes of the UK’s Russia (Sanctions) (EU Exit) Regulations 2019, which have as their purposes to encourage Russia to cease actions destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine. The Minister considers that it is in the public interest to designate (condition C).
As Chairman of the Board of Directors, and a majority shareholder, there are reasonable grounds to suspect that Viktor Rashnikov owns or controls Magnitogorsk Iron & Steel Works (MMK). MMK is carrying on business in sectors of strategic significance to the Government of Russia – the extractive and transport sectors. Viktor Rashnikov is therefore involved in obtaining a benefit from or supporting the Government of Russia.
Viktor RASHNIKOV is an involved person under the Russia (Sanctions) (EU Exit) Regulation 2019 on the following grounds: RASHNIKOV is or has been involved in obtaining a benefit from or supporting the Government of Russia by owning or controlling directly or indirectly and working as a director (whether executive or non-executive), trustee, or equivalent of an entity carrying on business in sectors of strategic significance to the Government of Russia, namely the Russian extractives sector and Russian transport sector.
Additional Financial sanction (1)
Type
Date of restriction determination
#1 Type: Trust services
21.03.2023
Historical data
Names (1)
Status
Historical (last time active at 09.05.2022 20:15)
Last name/Name
RASHNIKOV
First name/Name
Viktor
Second name/Name
Filippovich
Full name/Name
Viktor Filippovich RASHNIKOV
Type
Primary name
Birth data (2)
Status
Historical (last time active at 18.03.2022 15:15)
Status
Historical (last time active at 09.05.2022 20:15)
Birthdate
Updated: 06.05.2025. 11:16
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