US SANCTIONS NEARLY 100 TARGETS IN PUTIN’S WAR MACHINE AND PROHIBITS RUSSIAN GOLD IMPORTS

On 28 June, OFAC designated 70 entities, many of which are critical to the Russian Federation’s defence industrial base, including State Corporation Rostec, the cornerstone of Russia’s defence, industrial, technology, and manufacturing sectors, as well as 29 Russian individuals.

In addition, sanctions shall also apply to gold of Russian Federation origin, with immediate effect.  This is part of joint action against Russian gold, the country’s biggest non-energy export, by the US, UK, Canada, and Japan. 

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20220628

https://home.treasury.gov/news/press-releases/jy0838

Any modest contributions for my time and ongoing expenses are welcomed!  I have a page where you can do so, and where one-off contributions start as low as $3, at

https://www.buymeacoffee.com/KoIvM842y

NOTE THAT THE ABOVE LINK IS NOW CORRECTED AND WORKS!

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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