DASKA: KEY TAKEAWAYS FROM THE LATEST US RUSSIA SANCTIONS BILL

On 20th February, Morrison Foerster published an article about the revised Defending American Security from Kremlin Aggression Act, or “DASKA” – a tough economic sanctions Bill.  It says that DASKA is intended to push the Trump Administration to confront Russia on a range of issues, including Russia’s continued interference in democratic processes in the US and abroad, malign influence in Syria, continued aggression toward Ukraine, and support of criminal organisations and other malicious actors in cyberspace.  Under DASKA, amongst other things, Congress would force the Administration to sanction billionaires (and others) linked to President Putin; and would require domestic title insurance companies to obtain, maintain, and report information on beneficial owners of entities that purchase high-value residential real estate in the US.

https://www.mofo.com/resources/publications/190220-daska-takeaways-russia-sanctions-bill.html

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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