In response to the increased escalation in Ukraine, on February 24, 2022, the United States imposed another round of sanctions against Russian financial institutions, state-owned agencies.
As we had reported in our earlier client alert and 2022 Year in Preview, Russia's invasion of Ukraine has resulted in a new wave of sanctions and export controls on Russia, .
The United States, primarily through Presidential action under the statutory authority of the International Emergency Economic Powers Act (“IEEPA”), has empowered the U.S. Department of.
OFAC issued a final rule removing the Burundi Sanctions Regulations from the Code of Federal Regulations. The rule will take effect upon its publication in the Federal Register on February 11, 2022.
2021 was a year of transition in the United States and for the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC). OFAC's year, while busy