The new sanctions also targeted Chinese, Serbian, Irish, Finnish, Kyrgyz, and German entities and individuals who helped Russia evade international sanctions. OFAC designated six Chinese entities for supplying electronics to Russia, a Lichtenstein-based entity and its German ...
President Joe Biden’s administration is seeking to “Trump-proof” its sanctions against Russia by giving Congress the ability to block any attempts to weaken measures against core parts of Moscow’s war machine. Under measures announced by the US Treasury on Wednesday, around 100 entities from ...
US Trade Sanctions Update: North Korea, Iran and RussiaJohn P. Barker
Russia’s escalating aggressions against Ukraine during the final week of February were met with a parallel escalation of U.S. sanctions against Russia on an almost-daily basis. 1. OFAC Directive 1A The Office of Foreign Assets Control of the U.S. Department of the Treasury (“OFAC”) issu...
The US followed EU suit earlier in the day to impose sanctions against Russia over alleged production of biological and chemical weapons. The list includes 14 organizations and a number of individuals. Russia has repeatedly denied all US allegations related to the Navalny case, saying Western countr...
The action will add a new chill to the already frosty relations between Washington and Moscow. The United States will announce sanctions on Russia as soon as Thursday for alleged election interference and malicious cyber activity, targeting several individuals and entities, people familiar the matter ...
The Democratic Biden administration sees recent changes in the global oil market as making it easier to crack down on Russia’s oil revenues without hurting global supplies. The Treasury Department announced last week that it was expanding sanctions against the Russian energy sector fo...
On 28 February 2022, the US imposed sanctions prohibiting transactions involving Russia's Central Bank and blocking Russia's Direct Investment Fund. In addition, the US issued implementing regulations for EO 14024. US Sanctions the Central Bank of the Russian Federation ...
Authored by our Global Sanctions, Export Controls and Customs Teams On 28 February 2022, the US imposed sanctions prohibiting transactions involving Russia's Central Bank and blocking Russia's Direct Investment Fund. In addition, the US issued implementi
On 23 February 2022, Prime Minister Scott Morrison announced that the Australian government is imposing sanctions against Russian individuals, organizations and banks as part of the international effort to target Russia for its actions in relation to Ukraine.7According to the Prime ...