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United KingdomGOV.UK

UK varies Russia designation of Turkish electronics firm S-Mikron

The 11 September 2026 variation updates the RUS3060 entry for a Turkish electronics firm while the asset freeze, trust services and director disqualification sanctions continue to apply.

By Taxxa AI OyPublished 11 September 2026

Financial Sector & Markets

Industry: Financial and insurance activities

The designation of S-MIKRON ELEKTRONIK ELEKTRIK SANAYI TAAHHUT TICARET ANONIM SIRKETI, a Turkish joint stock company, has been varied under the Russia sanctions regime.Publishing Publishing The entry, Unique ID RUS3060 and OFSI group ID 17165, remains in forcePublishing Publishing and stays subject to an asset freeze, trust services sanctions and a director disqualification sanctionPublishing Publishing. First designated on 15 October 2025, it was last updated on 11 September 2026.Publishing Publishing

The company is identified by its primary name alongside the variations "S Micron Electronic Electrical Industry Contracting Trade Joint Stock Company" and "S-MIKRON ELEKTRONIK"Publishing Publishing, with its Turkish-script name S-MİKRON ELEKTRONİK ELEKTRİK SANAYİ TAAHHÜT TİCARET ANONİM ŞİRKETPublishing.Publishing The entry gives an address in Nilüfer, Bursa, a Turkish tax identifier, telephone number, website and email address.

The Secretary of State considers that there are reasonable grounds to suspect the company is an "involved person" under the Russia (Sanctions) (EU Exit) Regulations 2019 because it is, or has been, involved in destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine by making available economic resources, goods or technology that could contribute to that destabilisationPublishing.

Anyone who knows or has reasonable cause to suspect they possess or control funds or economic resources of the company must freeze themPublishing, must not deal with them or make them available to or for the benefit of the company unless an exception in the legislation applies or OFSI has granted a licencePublishing, and must report any findings to OFSIPublishing. A person must not provide trust services to or for the benefit of the companyLegislation, and a relevant firm carries obligations under the financial sanctions regime. A person designated for director disqualification purposes is subject to disqualification sanctions under section 11A of the Company Directors Disqualification Act 1986Legislation.

The listing is made under The Russia (Sanctions) (EU Exit) Regulations 2019, regulations 11 to 15, 18C and 19B.Publishing

Screen client, counterparty and payments records against the varied RUS3060 entry and freeze and report any funds or economic resources linked to it.

Sources

UK varies Russia designation of Turkish electronics firm S-Mikron

The 11 September 2026 variation updates the RUS3060 entry for a Turkish electronics firm while the asset freeze, trust services and director disqualification sanctions continue to apply.

By Taxxa AI OyPublished 11 September 2026

Industry: Financial and insurance activities