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Russia/Ukraine Crisis: New Tranches Of U S Sanctions And Export Controls - International Law

OFAC Issued Further Sanctions on Russia s Central Bank

the US Department of Treasury’s OFAC issued further sanctions on Russia’s Central Bank, National Wealth Fund, and Ministry of Finance, and announced regulations to implement Executive Order 14024 under the Russia Harmful Foreign Activities Sanctions Program.

United States Issues Significant Bank Sanctions

President Biden announced significant new export controls and sanctions against Russia in response to the Russian invasion of Ukraine. The latest sanctions package comes on the heels of a first wave of U.S. sanctions announced over the past several days.

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