OFAC: DETERMINATION THAT SANCTIONS PROVISION APPLIES TO THE METALS AND MINING SECTOR OF THE RUSSIAN FEDERATION ECONOMY

On 24 February, OFAC issued a determination that section 1(a)(i) of E.O. 14024 (addresses national security threats posed by specified harmful foreign activities of the Russian Federation) shall apply to the metals and mining sector of the Russian Federation economy; and hence, that any person determined to operate or have operated in this sector shall be subject to sanctions.

https://home.treasury.gov/system/files/126/determination_02242023_eo14024.pdf

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:

Gravatar
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 )

Cancel

Connecting to %s

%d bloggers like this: