Page 4 - Assets Control News Today

In response to Russia's invasion of Ukraine, the United States, the United Kingdom ("UK") and the European Union ("EU") have imposed various sanctions and export controls.

On October 11, 2022, FinCEN and OFAC announced a $29 million civil monetary penalty against Bittrex, a major U.S. cryptocurrency exchange, as part of a global settlement with FinCEN and OFAC related to Bittrex's alleged historic violations ...

On October 19, 2022, the United States Department of Justice ("DOJ") unsealed an indictment (the "Indictment") charging five Russian nationals and two Venezuelan oil traders with various...

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) on Oct. 11, 2022, announced a more than $24.28 million settlement with Bittrex Inc. (Bittrex),...

Alongside the imposition of sanctions and export controls measures, particularly those involving Russia, the US government is also continuing to prioritize enforcement...

On September 23, G7 Leaders issued a statement condemning Russia's recent attempts to annex parts of Ukrainian territory.

On September 15, 2022, the United States implemented new sanctions measures and trade restrictions on Russia and Belarus in response to Russia's ongoing aggression against Ukraine.

Our previous blog post discussed the G-7's recent proposal to impose a price cap on Russian oil in an effort to diminish the energy revenues of the Russian state.

On September 6, 2022, without notice or opportunity for public comment, the Department of the Treasury's Office of Foreign Assets Control (OFAC) published a Rule – which took immediate effect...

As we first discussed in our March 21 advisory, on February 24, in response to the invasion by Russia of Ukraine, the US Department of Commerce, Bureau of Industry and Security issued new rules.