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).
The Minister certified on 25 May 2022 that conditions B and C continued to be met.
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).
Elena Petrovna TIMCHENKO is closely associated with Gennadiy Nikolayevich TIMCHENKO, a Russian billionaire. Gennadiy Nikolayevich TIMCHENKO is an involved person under the Russia (Sanctions) (EU Exit) Regulations 2019.
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 14.06.2022 17:15)
Last name/Name
TIMCHENKO
First name/Name
Elena
Second name/Name
Petrovna
Full name/Name
Elena Petrovna TIMCHENKO
Type
Primary name
Citizenships (2)
Status
Historical (last time active at 27.05.2022 18:16)
Country
Russian Federation
Status
Historical (last time active at 14.06.2022 17:15)
Country
Finland
Updated: 07.05.2025. 20:15
The Sanction catalog includes Latvian, United Nations, European Union, United Kingdom and Office of Foreign Assets Control and Canada subjects included in sanction list.
