ADDITIONAL US SANCTIONS ON RUSSIA

On 24 February, the US announced further sanctions on Russia, after 1 year since the (continued) invasion of Ukraine.  A large number of additional individuals and entities are designated.  OFAC also issued 4 General Licenses, and 5 new associated FAQ.  OFAC says that it is targeting key sectors, evasion efforts and military supplies.

https://www.state.gov/the-united-states-takes-sweeping-actions-on-the-one-year-anniversary-of-russias-war-against-ukraine/

https://www.state.gov/the-united-states-imposes-additional-sweeping-costs-on-russia/

https://www.whitehouse.gov/briefing-room/statements-releases/2023/02/24/fact-sheet-on-one-year-anniversary-of-russias-invasion-of-ukraine-biden-administration-announces-actions-to-support-ukraine-and-hold-russia-accountable/

https://home.treasury.gov/policy-issues/financial-sanctions/recent-actions/20230224

https://home.treasury.gov/news/press-releases/jy1296

https://home.treasury.gov/policy-issues/financial-sanctions/faqs/added/2023-02-24

https://www.buymeacoffee.com/KoIvM842y

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

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: