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U.S. Treasury Takes Additional Steps To Strengthen Compliance With Russia-Related Sanctions

<p><span>Today, the U.S. Department of the Treasury&rsquo;s Office of Foreign Assets Control (OFAC) issued new public guidance to cut off avenues for potential sanctions evasion by the Central Bank of the Russian Federation. This guidance makes clear that there should be no loopholes for Russia to evade the unprecedented prohibitions by the United States to lock up Russia&rsquo;s war chest &ndash; Central Bank of the Russian Federation, National Wealth Fund of the Russian Federation, and Ministry of Finance of the Russian Federation &ndash; that were imposed this week.</span></p> ....

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The Russia-Ukraine Conflict: How to Prepare for Looming Sanctions | Snell & Wilmer

As the Russia-Ukraine conflict escalates, the U.S. Government has started to implement new sanctions on Russian entities on top of the ones that already existed. On February 21, 2022,. ....

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