Kirill Nikolaevich SHAMALOV

Russia

Deputy Chairman on the Management Board at PAO SIBUR Holding; Shareholder at PAO SIBUR Holding; Former Vice President at PAO SIBUR Holding; Former member of the Board of Directors at PAO Sibur Holding

1982-03-22

St Petersburg, Russia

Male

Kirill Nikolaevich SHAMALOV, hereafter SHAMALOV is a major Russian businessman, with close links to President Putin and the Kremlin. SHAMALOV is a shareholder and Deputy Chair of the Management Board at PAO SIBUR Holding, hereafter Sibur. SHAMALOV is or has been involved in obtaining a benefit from or supporting the Government of Russia through his role 'working as a director (whether executive or non-executive), trustee, or equivalent', as Deputy Chairman on the Management Board and as former member of the Board of Directors of Sibur, which is a Government of Russia-affiliated entity which receives, or has received, financing, directly or indirectly, from the Russian Direct Investment Fund or the National Wealth Fund, or which otherwise obtains a financial benefit or other material benefit from the Government of Russia and/or is carrying on business in a sector of strategic significance to the Government of Russia, namely, the Russian chemicals sector. The trust services sanctions were imposed on 21/03/2023.

UK

Asset freeze, Travel Ban, Trust Services Sanctions, Director Disqualification Sanction

The Director Disqualification Sanction was imposed on 09/04/2025.

2022-02-24

UK

The Russia (Sanctions) (EU Exit) Regulations 2019

UK country specific

Russia

Asset freeze and making available provisions, Trade sanctions, Travel bans, Transport sanctions

• The Regulations impose financial sanctions through a targeted asset freeze on designated persons and prohibitions on making funds or economic resources available. This involves the freezing of funds and economic resources (non-monetary assets, such as property or vehicles) of designated persons and ensuring that funds and economic resources are not made available to or for the benefit of designated persons, either directly or indirectly. • The effect of the Regulations is to impose a travel ban on persons designated by the Secretary of State for the purposes of being made subject to immigration sanctions under the Sanctions Act. • Trade sanctions. • Transport sanctions.

The Russia (Sanctions) (EU Exit) Regulations 2019 came fully into force on 31 December 2020. They are intended to ensure that certain sanctions relating to Russia continue to operate effectively. You should also review the following regulations to find out any changes made to the Regulations: the Sanctions (EU Exit) (Miscellaneous Amendments) (No. 2) Regulations 2020 the Sanctions (EU Exit) (Miscellaneous Amendments) (No. 4) Regulations 2020 the Russia (Sanctions) (EU Exit) (Amendment) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) (No. 3) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) (No. 4) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) (No. 5) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) (No. 6) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) (No. 7) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) (No. 8) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) (No. 9) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) (No. 11) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) (No. 12) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) (No. 13) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) (No. 14) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) (No. 15) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) (No. 16) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) (No. 17) Regulations 2022 the Russia (Sanctions) (EU Exit) (Amendment) Regulations 2023 the Russia (Sanctions) (EU Exit) (Amendment) (No. 2) Regulations 2023 the Russia (Sanctions) (EU Exit) (Amendment) (No. 3) Regulations 2023 This sanctions regime is aimed at encouraging Russia to cease actions destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine. Those persons who are designated under this regime are included on the UK sanctions list.

Licensing and exception provisions are contained in Part 7 of the Regulations.