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Biden Administration Threatens Foreign Financial Institutions With Secondary Sanctions for Involvement in Certain Transactions Related to Russia; Expands Ban on Import of Certain Russian Goods | Foley Hoag LLP

On December 22, 2023, President Biden issued a new Executive Order affecting foreign financial institutions and those importing certain goods into the U.S. In addition,.

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Form 424B2 UBS AG

Form 424B2 UBS AG
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Executive Order Imposes New Russia Sanctions for Foreign Financial Institutions and Prohibits Additional Russian Imports | Husch Blackwell LLP

On December 22, 2023, President Biden issued Executive Order 14114, which amended previous Executive Orders in order to authorize the US Treasury Department’s Office of Foreign Assets.

United statesRussian federationExecutive order imposes new russia sanctionsForeign financial institutionsProhibits additional russianPresident bidenExecutive orderExecutive ordersForeign assets controlSanctions potentially applicableForeign financialSpecially designated nationalGeneral license

New Russia Sanctions Intensify Pressure on Banks Worldwide | Sheppard Mullin Richter & Hampton LLP

On December 22, 2023, President Biden signed a new Executive Order (E.O. 14114) containing the latest round of sanctions against the Russian Federation. Shortly thereafter, Treasury.

United statesRussian federationJanet yellenExpobank joint stock companySheppard mullin richter hamptonOffice of foreign assets controlSheppard mullin richterPresident bidenExecutive orderTreasury secretary janet yellenForeign assets controlRussian harmful foreign activities sanctionsForeign financialGeneral licensesSecretary yellenCommon high priority item

Executive Order 14114 Russian Federation Sanctions

Executive Order 14114 Russian Federation Sanctions
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United statesRussian federationJanet yellenExpobank joint stock companyOffice of foreign assets controlPresident bidenExecutive orderTreasury secretary janet yellenForeign assets controlRussian harmful foreign activities sanctionsForeign financialCompliance advisoryGeneral licensesGeneral licenseSecretary yellenCommon high priority item