OFAC sanctions prohibiting U.S. persons from engaging in transactions with certain Russian financial entities

OFAC issued a release prohibiting U.S. persons from engaging in transactions with certain Russian financial entities

OFAC release prohibiting U.S. persons from engaging in transactions with Russian entities

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today issued a release prohibiting U.S. persons from engaging in transactions with certain Russian financial entities.

Today’s OFAC release announces the following Russia-related measures:

  • Directive 4 under Executive Order 14024
  • General License 8A
  • Additions and updates to OFAC’s specially designated nationals list (SDN list)

Read a related Treasury release

OFAC updated the SDN list by adding Russia’s president and minister of foreign affairs. Read the OFAC release


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