On 2 August, OFAC imposed new sanctions said to target Kremlin-connected elites, a major multinational company, and a sanctions evasion operation, as well as a yacht (in fact, 2 yachts are on the new list). It says that elites and businesses operate in economic sectors generate substantial revenue for the Russian regime, including from sources outside of Russia. These measures were taken in tandem with the Department of State, which imposed its own sanctions and visa restrictions.
OFAC also deleted 3 entries from its sanctions list, said to have been linked to Sberbank, and a number of other amendments have been made.
The General Licenses are concerned with civil aviation safety, dealings with Nord Gold PLC and a number of other entities.
The State Department actions include visa restrictions on 893 Russian Federation officials, including members of the Federation Council and members of Russia’s military; and visa restrictions on 31 foreign government officials who have acted to support Russia’s purported annexation of the Crimea region of Ukraine.
Any modest contributions for my time and ongoing expenses are welcomed! At Buy me a Coffee one-off contributions start as low as $3, at
NOTE THAT THE ABOVE LINK IS NOW CORRECTED AND WORKS!