A Statutory Instrument (SI) was laid in Parliament yesterday (Thursday, 15 December) to deliver the Government’s announcement to ban the UK’s export of professional services to Russia in order to target Russia’s economic vulnerabilities in response to its annexation of Ukrainian regions. The SI came into force at 00:01h today (Friday, 16 December).
The legislation introduces a ban on the export of professional services, including advertising services. It will apply to the direct or indirect provision of advertising services to persons connected with Russia, namely individuals or an association of individuals who are ordinarily resident in Russia or located in Russia, or persons other than individuals incorporated or constituted under the law of Russia, or which are domiciled in Russia.
The definition of ‘advertising services’ for the purposes of the legislation includes the planning, creation and execution services of all or part of advertising campaigns; direct mail advertising and the provision of advertising space or time (both on commission and not on commission) such as the sale of advertising space in print media, TV/radio advertising, and internet advertising space; and other advertising services such as aerial advertising services and the delivery services of free samples and other advertising material.
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Last updated 01 May 2024