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 Executive Order 14024. 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).
Alexander CHEMEZOV is the son of Sergey Viktorovich CHEMEZOV (RUS0088), who has been designated by the UK since 31/12/2020, with whom he is closely associated and from whom he has obtained a financial benefit or other material benefit.
Sergey Viktorovitch Chemezov is one of President Putin's known close associates, both were KGB officers posted in Dresden and he is a member of the Supreme Council of ‘United Russia’. He is benefiting from his links with the Russian President by being promoted to senior positions in State-controlled firms. He chairs the Rostec conglomerate, the leading Russian state-controlled defence and industrial manufacturing corporation. Further to a decision of the Russian government, Technopromexport,a subsidiary of Rostec, has built energy plants in Crimea thereby supporting its integration into the Russian Federation. Furthermore, Rosobornexport a subsidiary of Rostec, has supported the integration of Crimean defence companies into Russia’s defence industry, thereby consolidating the illegal annexation of Crimea into the Russian Federation.
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
CHEMEZOV
First name/Name
Alexander
Second name/Name
Sergeevich
Full name/Name
Alexander Sergeevich CHEMEZOV
Type
Primary name
Updated: 05.05.2025. 23:15
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