US TARGETS RUSSIA’S CIRCUMVENTION AND EVASION, MILITARY-INDUSTRIAL SUPPLY CHAINS, AND FUTURE ENERGY REVENUES

On 19 May, a news release from the US Treasury detailed actions following the recent G7 meeting. 

https://home.treasury.gov/news/press-releases/jy1494

OFAC ADDS 22 INDIVIDUALS AND 104 ENTITIES TO RUSSIAN SANCTIONS LISTS

On 19 May, OFAC announced that a large number of individuals and entities had been added to its sanctions lists.  Of interest to me is the listing of an Isle of Man company, Hanley Limited, among the names from a variety of countries, not just Russia.

https://ofac.treasury.gov/recent-actions/20230519

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 View all posts by raytodd2017