As a diamond mining company, part-owned by the Russian State, ALROSA is an entity obtaining a benefit from and supporting the Government of Russia by carrying out business in the Russian extractives sector, a sector of strategic significance to the Government of Russia, and carrying on business as a Government of Russia-affiliated entity.
Designated for the purposes of an asset freeze 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 Canada’s Special Economic Measures (Russia) Regulations. 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). The Minister certified on 5 May 2022 that conditions B and C continued to be met.
Designated for the purposes of an asset freeze 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 Canada’s Special Economic Measures (Russia) Regulations. 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).
Additional Financial sanction (1)
Type
Date of restriction determination
#1 Type: Trust services
21.03.2023
Historical data
Names (3)
Status
Historical (last time active at 24.06.2022 15:15)
Last name/Name
Alrosa
Full name/Name
Alrosa
Type
Primary name
Status
Historical (last time active at 12.07.2022 18:15)
Last name/Name
AK Alrosa PAO
First name/Name
Aktsionernaya kompaniya
Second name/Name
ALROSA PAO ALROSA Company PJSC
Full name/Name
Aktsionernaya kompaniya ALROSA PAO ALROSA Company PJSC AK Alrosa PAO
Type
Primary name variation
Status
Historical (last time active at 15.07.2022 15:16)
Last name/Name
ALROSA PAO ALROSA Company PJSC
Full name/Name
ALROSA PAO ALROSA Company PJSC
Type
Primary name variation
Addresses (1)
Status
Historical (last time active at 24.06.2022 15:15)
Country
Russian Federation
Updated: 06.05.2025. 09:16
The Sanction catalog includes Latvian, United Nations, European Union, United Kingdom and Office of Foreign Assets Control and Canada subjects included in sanction list.
